Trinidad to tap locals: FinMin

Trinidad to tap locals: FinMin

Bonds Economy & Policy Corporate & Sovereign Strategy

Trinidad & Tobago expects to stay out of cross-border bond markets over the next year, although some of the country’s corporates may stage a return, the country’s finance minister has said. “At this stage, we have no immediate intention ourselves to go out into the capital markets,” Larry Howai told participants at a LatinFinance event last week. “The only thing would be where our state enterprises themselves may need to go.” Howai cited PetroTrin (Baa2/BBB) and NGC (Baa1) as local companies tha

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