Panama finds 'good time' for bond return

Panama finds 'good time' for bond return

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Panama

Panama found a "good time" to return to the international bond market on Monday, issuing $1.5 billion in 12.3-year notes to fund next year's budget and pay down debt, market sources told LatinFinance. Panama took advantage of a "melt-up rally" for riskier assets and came to the market after the US consumer price index for October showed that inflation was slowing down, said Zulfi Ali, a fixed income portfolio manager at PGIM, the investment management division of US insurance group Prudential Fi

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial