Banco de Chile furthers EM dollar exit with third Swiss bond

Banco de Chile furthers EM dollar exit with third Swiss bond

Europe Bonds

Banco de Chile sold its third Swiss franc bond Thursday, raising 125 million francs ($133 million) in a move that extends a shift by Latin borrowers out of the dollar bond market as fears grow over mounting volatility. “Despite living in a time when the markets have shown a high level of volatility, and where there have been virtually no debt placements, Banco de Chile continues to issue," said Sergio Karlezi, the bank’s treasurer.             &n

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