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Esval Issues Local Bonds

Apr 25, 2012

Chile’s Esval has issued UF1m ($46m) in domestic bonds. The water utility priced a 2022 bond at...

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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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