Creating and distributing additional copies is prohibited without the permission of the publisher. Contact

Panama Fund Botches Bond Attempt

Dec 18, 2009

Panama has pulled a sale of up to $759.7m in existing global bonds held in a development fund, reversing course due to low bids. The government-backed Fondo Fiduciario para el Desarrollo announced Thursday morning it would sell 3 series of sovereign bonds through an auction, before cancelling the transaction in the early afternoon, according...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Will ABS become more interesting for LatAm borrowers as US monetary policy normalizes?


Printing isn't available for this page.