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High Spreads Put Chilean Issues on Hold

Dec 23, 2011

Several Chilean issuers are holding off domestic bond transactions until next year in the face of comparatively high spreads. For instance, Caja de Compensacion La Araucana is now targeting next year for a CLP40bn ($77m) 5-year bond, which had been...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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