Economy & Policy Coronavirus Latin America
UPDATE: Colombia starts second round of cash transfers for workers in the formal sector
Bonds Debt Capital Markets
Issuers are encouraged by investor appetite in a market with high liquidity and low interest rates, sources say
Economy & Policy Regulation Mexico
Local banking system is strong, but unpredictability is a major challenge for economic officials, CESF says
Asset Management Bonds Debt
Holders of 83% of the sovereign issuer's 2023 notes give the country a year if it gets a loan from the IMF
UPDATE: IDB grants $100 mln loan for Trinidad and Tobago to strengthen health and economic response to COVID-19
UPDATE: Colombian central bank lowers benchmark rate to support economy in face of COVID-19 crisis
UPDATE: Mexico extends looser regulatory standards for the financial sector
Debt Capital Markets Economy & Policy
Travel restrictions force concessionaires to consider delaying debt payments, but some may be able to cushion the blow for a few years
UPDATE: World Bank approves $300 mln loan for Costa Rica to underpin the economy during the coronavirus crisis
Bonds Debt Corporate & Sovereign Strategy
Sovereign issuer could issue $400 mln in new notes to fund a post-coronavirus recovery
UPDATE: Mexico lowers benchmark interest rate to 5%; Bolivia cuts legal reserves to boost liquidity
Corporate & Sovereign Strategy Economy & Policy Argentina
High borrowing rates and structural problems are making it hard to finance stimulus programs, finance ministers say
Sovereign issuer uses the proceeds from a $1.5 bln debt sale to buy back peso-denominated notes due in 2027 and 2028
UPDATE: IDB provides $80 mln loan for small business relief in Uruguay
Economy & Policy Brazil Mexico
Region's economies will contract by 9.4% in 2020, driven by deep recessions in Brazil and Mexico, the IMF says