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Downgrade Kills Jamaica ABS

Mar 6, 2009

NCB’s plans to tap the DPR market for a $50m 7-year final issue appear to have been derailed by Moody’s sovereign downgrade, which took place Wednesday. An...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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