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Pine Leads Brazilians into Huaso Market

Dec 14, 2012

Banco Pine has become the first Brazilian Huaso bond issuer, raising UF1.5m ($72m) in Chile’s domestic bond market. The sale comes as several issuers had contemplated the asset class since its inception more than three years ago, with limited results. “It will open the doors for new companies to come to Chile to diversify the...

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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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