UPDATE: Brazil cuts benchmark rate to 3%, signals of another cut to come
Author Archives: Daniel Bases
Posted inDaily Brief
Fitch revises Brazil’s sovereign credit rating outlook to negative
Rating agency cites deteriorating economic outlook and political uncertainty
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Latin American development bank commits $4 billion in financing for Argentina
CAF to spend $900 million this year, with $340 million earmarked for pandemic emergency
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FACTBOX 5/6/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Chile issues $2 bln in debt to fight pandemic; Bolivia institutes a universal cash transfer program
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LatAm green bond Q1 issuance holds up thanks to Chile – Moody’s
Chile’s January deal underpins region while global green bond issuance volumes fell 37%
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FACTBOX 5/5/20: Latin America moves to mitigate impact of COVID-19
UPDATE: IMF extends $643 mln in emergency funding to Ecuador
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Argentine bondholders reiterate rejection of government restructuring offer
Ad Hoc Group of Argentina Exchange Bondholders highlights legal ramifications of accepting the deal
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FACTBOX 5/4/20: Latin America moves to mitigate impact of COVID-19
UPDATE: IMF approves $10.8 billion flexible credit line for Colombia
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US fund investors sell LatAm equities even as asset values rise
Lipper fund flow data shows eight straight week of outflows, the longest streak since early 2015
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FACTBOX 5/1/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Peru suspends or reduces corporate income tax payments through July