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Bond Issuers Wait and See

Jul 13, 2011

Three LatAm corporates are quietly wrapping up investor meetings this week, but with markets looking increasingly less inviting, there are few signs of immediate deal execution. While issuance has not been ruled out, bankers are waiting to see how euro-zone debt troubles evolve before taking the decision to pull the trigger. A day or two of stability could make all...

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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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