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Panama Targets Local Debt Curve

Apr 6, 2010

Despite recently clinching investment-grade, Panama plans to focus on its domestic debt curve this year, its director of public credit says. The sovereign does not foresee the need to issue externally in 2010. “Ideally, we’d develop the 0-10 year portion of our sovereign curve in the local market, and the 10-30 year portion of the curve outside,” Mahesh Khemlani, director of public credit, tells LatinFinance....

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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