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ETB to Dial up COP

Jan 10, 2013

Empresa de Telecomunicaciones de Bogota (ETB) is taking advantage of a risk-on appetite and a recent Colombian peso rally to issue a $300m-equivalent 10-year peso-denominated bond as soon as today, according to people following the process. Initial price thoughts...

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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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