Value Remains in Local Currency: Investors
EM investors are flagging local currency debt as a top trade this year, underscored In LatAm by recent cross-border bond deals from Falabella, Odebrecht and Cosan, as well as the potential 30-year global-local bond planned by Televisa. A few LatAm names stand out among EM peers – Televisa will be encouraged by the Mexican peso emerging as a favorite in LatAm – while other regional markets...
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