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CMPC Prints 10-Year in Choppy Market

Oct 30, 2009

Chile’s Empresas CMPC has sold $500m in 2019 bonds on the back of about $1.25bn in demand. The issue priced at 99.117 with a 6.125% coupon to yield 6.240%, or UST plus 275bp,...

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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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