Debt issuers in Latin America rush to secure current low interest rates

Latin America's international bond issuance shows the fastest pace since 2017, and there is no slowdown in sight as issuers rush to secure current interest rates before they rise too much.

RIO DE JANEIRO, BRAZIL - "We will start to see a substantial improvement in issuance," said Max Volkov, head of debt capital markets for Latin America at Bank of America. "April and May should be busier this year than in previous years because interest rates are going up," he said in an interview.

According to data compiled by Bloomberg, governments and companies have borrowed about US$50.4 billion so far this year, excluding local issues. That's the highest volume since 2017 when they raised US$57.2 billion in the same period.

Mexico returned to the dollar bond market . . .

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