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Jamaica Finishes NDX with CCC

Mar 4, 2013

Fitch has raised Jamaica’s ratings to CCC from RD, it says, citing a participation level above 98% at last week’s final close of the National Debt Exchange (NDX). Jamaica had been pushing for as close to 100% participation as possible, seen as critical to the...

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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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