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The banks of the Argentine financial system showed on Tuesday an abrupt cancellation of deposits in pesos in response to the decision of the central bank (BCRA) to abruptly cut the rate within the framework of a new monetary policy, two sources in the sector told Reuters. Savers now receive a maximum of 110% per […]
Tag: Sovereign bonds
Peru reissues bonds in national currency after 3 years
This Wednesday, May 31, Peru carried out a successful debt operation in the international market, with a demand that doubled the supply, according to the Ministry of Economy and Finance (MEF). Using the terms of the Sustainable Bond Framework, the first issuance of a sustainable bond in local currency was made for S/9,185 million, equivalent […]
Colombia plans to sell new dollar bonds and buy back debt
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The government will sell dollar-denominated debt due 2034 with a yield of 8%, according to a person familiar with the initial discussions, who asked not to be named because she is not authorized to discuss the matter. Part of the proceeds will be used to repurchase the country’s global bonds due next year, with coupons […]
Debt Limit Debate Could Hasten End of Fed Tightening
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By reducing its bond portfolio by up to $95 billion a month, the central bank drains liquidity from the US financial system, thus complementing its interest rate hikes in the fight to contain inflation. Therefore, an early end to quantitative tightening could provide some relief to the US economy. Through a complex series of reactions, […]
Argentina: repercussions of the repurchase of US$ 1,000 million in sovereign bonds
The US$16.1 billion in international bonds of the South American nation due 2030 they rose as much as 3.2 cents to more than 36 cents on the dollar, the highest level since October 2021, before cutting profits. It is these bonds, plus those that mature in 2029, that the Government plans to repurchase, reported the […]
Chile places US$2 billion in 20-year debt linked to sustainability
Updated on 03/02/2022 07:29 pm Chile has placed a $2 billion unsecured 20-year sustainability-linked bond (SLB) that will be earmarked for general government purposes, the first debt of its kind from a sovereign issuer, reported IFR, a Refinitiv financial service. Chile established a VMS framework for supply, setting targets on two key indicators: absolute greenhouse […]
MEF places sovereign bonds for S / 170 million in the local market
After five months and in a context of less volatility and uncertainty, the Ministry of Economy and Finance (MEF) it successfully returned to the domestic capital market and placed sovereign bonds for a total amount of S / 170 million. During the trading fair, the MEF also announced the offer of Sovereign Bonds 2029E and […]