March 23, 2020 |
As the coronavirus outbreak infects financial markets around the world, causing investors to flock to safer assets like US Treasury notes, new bond sales by Latin American issuers have come to a halt and no deals have appeared in the pipeline.
No new deals from Latin America have priced in the cross-border market in more than two weeks and only two have crossed the line in the past month, but bond bankers say they are getting ready for when things return to normal.
"We're sitting tight, monitori
Syndicate desks stay in touch with clients, although no deals appear in sight