Americas
Road to Success: How Can Brazil Revive its Ailing Infrastructure?
Despite an infrastructure spree spurred on by the Olympics and World Cup, the country’s transport and logistics networks are still some of the weakest in emerging markets. With local and foreign banks squeezed by liquidity constraints and retreating into the shadows, where will the new government gather funds to finance its ambitious infrastructure development programme?
27 Oct 2016
Lull hits MILA debt offerings as markets assess global risks
Chile’s proposed return to the international debt markets and Mexico’s recent euro-denominated trade mark a rare sign of activity in the MILA region over the past few months. What is causing the slowdown?
26 Oct 2016
EMs set for huge outflows on Trump victory
A Trump presidency would negatively impact EMs globally, with substantial outflows from the asset class expected if Trump wins the US election, but a weaker peso would benefit tourism and increase remittance values in Mexico’s case, whilst the rest of Latin America could suffer from higher risk premiums.
25 Oct 2016
The Revival of Argentina’s Bond Markets
Argentina’s bond markets have been very active since the country’s resolution with its holdout creditors – and 2017 appears set to be another busy year for both investors and issuers alike. Horacio Aguilar, IB Director – Capital Markets & Corporate Finance at Puente discusses the current performance of Argentine local and foreign currency-denominated debts, what investors see in the country’s…
24 Oct 2016
Argentina - Absence Makes the Heart Grow Fonder
Argentina’s long awaited return to the international capital markets saw investors clamouring for the country’s new issuance, with orders amounting to nearly US$70bn for the US$16.5bn of fresh debt offered. We speak to Alfredo Mordezki, Head of Latin America fixed income at Santander Asset Management, on what drove the levels of demand for this debt and whether its popularity can be maintained.
24 Oct 2016
VIDEO: Interview with Jack Deino, Director, Emerging Markets Debt, BlackRock
While at the annual Bonds, Loans & Derivatives Mexico conference, Bonds & Loans interviewed Jack Deino, Director, Emerging Markets Debt, BlackRock, about how he thinks the Mexican economy will perform in 2017
21 Oct 2016
VIDEO: Interview with José Torón, Deputy Director General, Undersecretary of Electricity, SENER
While at the annual Bonds, Loans & Derivatives Mexico conference, Bonds & Loans interviewed José Torón, Deputy Director General, Undersecretary of Electricity, Secretaria de Energia (SENER), about the 2014 energy sector reform program and the business opportunities it has created.
21 Oct 2016
VIDEO: Interview with Juan Pablo Newman, Chief Financial Officer, Pemex
While at the annual Bonds, Loans & Derivatives Mexico conference, Bonds & Loans interviewed Juan Pablo Newman, Chief Financial Officer, Pemex, to discuss the company's strategic initiatives, oil price volatility and the criteria that Pemex use when deciding which markets to tap (bonds, loans, different currencies).
21 Oct 2016
VIDEO: Eduardo Suarez, Co-Head of Latin America Strategy, Scotiabank
Bonds & Loans interviewed Eduardo Suarez, Co-Head of Latin America Strategy, Scotiabank, to get his views on interest rates, oil prices and their effects. Eduardo discusses Scotiabank's highlights over the past year and his reasons to be optimistic about Latin America in 2017.
21 Oct 2016
LatAm leads sovereign issuance across EM
A large number of corporate debt maturities across EM over the next two years combined with a commodity downturn pressuring government finances have led to large amounts of borrowing across the asset class for 2016, with Latin American sovereign issuance standing out among its EM peers.
14 Oct 2016