Panama Fund to Sell More Bonds

Panama Fund to Sell More Bonds

Panama Bonds

Panama’s government-backed Fondo Fiduciario para el Desarrollo (FFD) is preparing to offer $89.5m in existing 7.125% 2026 sovereign bonds this week, says Diego Ferrer, Panama’s sub-director for public credit at Panama’s ministry of economy and finance. “Conditions in the market have been volatile, but Panamanian bonds have rallied, giving us a window to make a very attractive capital gain,” he says. The 7.125% global 2026s have been trading at 128-129 or at 4.45% on a yi

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