NEWS BONDS: Sovereign flavors

NEWS BONDS: Sovereign flavors


Latin American issuers largely held back from the primary cross-border market in September and October as volatility and lower commodity prices cast a longer shadow over the region. Sovereigns, quasi-sovereigns and development banks are likely to make up most of the borrowers for the rest of the year, in what debt capital markets participants say will probably be a small pipeline of deals. “It’s been quiet and I don’t think that’s going to change anytime soon,” said a bond banker. “Maybe a deal a week, or something like that, unfortunately.” Yields on US Treasuries remained low throughout the two-month period, signaling a flight to quality as concern over Chinese financial mar

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