David Spegel News
-
Peru’s sol surged the most since 2011 after the Andean nation ruled out a bid for the local assets of Repsol, allaying concern that the government plans to increase control of natural resources.
-
Argentina’s most populous province is preparing a return to international bond markets to benefit from the lowest borrowing costs in two years.
-
Developing nations led by South America and eastern Europe are due to offer about $48 billion more in bonds this year, with investors likely to snap them up after a drop in debt sales in May, said ING Groep NV.
-
Mexican corporate debt is lagging behind stocks by the most in eight months as investors bet a rebound in U.S. economic growth will fuel bigger gains in the equity market.
-
Mexico sold $1 billion of bonds due in 100 years in the longest-maturity debt issued by a Latin American country.
-
Brazil has canceled the sale of its longest fixed-rate local bonds three times in the past month after Europe’s debt crisis eroded demand for less-traded assets.
-
Options traders are showing more confidence in the Brazilian real than any other major currency as Latin America’s biggest economy grows at the fastest pace in 15 years.
-
Brazil’s barriers to international bond investors are exacting a growing cost from the Treasury.
-
Brazilian bonds are posting their longest streak of monthly gains since President Luiz Inacio Lula da Silva was elected in October 2002 as investors bet his successor will preserve policies that are fueling the fastest economic expansion in two decades.
-
Brazilian benchmark bond yields fell to a six-month low relative to Russian debt, signaling investors expect the South American nation may have its credit rating raised.
|
|
Most Popular on Bloomberg
|
| |