Sovereigns Sit Pretty in Hubbub

Jun 4, 2010

Though spreads have widened amid Europe-fueled volatility, LatAm sovereigns are calm about external borrowing, having largely prefunded the year. "We are exploring new ways of issuance," says Marco Oviedo, Mexican deputy director general of public credit. This includes different currencies and more syndicated domestic debt auctions. Oviedo says Mexico has covered 2010 funding needs...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management