Economy & Policy

Peru appoints new finance minister

People Corporate & Sovereign Strategy Peru

Prime Minister Fernando Zavala will now head up the ministry after Alfredo Thorne stepped down

Mexico hikes rates

Mexico Economy & Policy Corporate & Sovereign Strategy

Central bank increases the country’s benchmark interest rate by 25bp triggering an appreciation in the peso

Mexico gears for rate hike

Mexico Economy & Policy Corporate & Sovereign Strategy

Central bank is expected to mirror the US Fed and increase its benchmark interest rate by 25bp

Chile faces downgrade as debt-to-GDP grows

Chile Bonds Economy & Policy

Sovereign issuer is going to the bond market this week to retap its peso-denominated 2021 and 2035 bonds

Peru surprises with rate hold

Peru Economy & Policy Corporate & Sovereign Strategy

Central bank keeps interest rates at 4%, bucking analyst predictions of a 25bp cut

Investors call for increased integration

Argentina Brazil Chile

LatAm economies must come together to attract more foreign investment, panelists say at the 11th Andean and Investment Forum

Brazil moves to open agribiz funding to other currencies

Brazil Bonds Economy & Policy

Temer introduces legislation that allows agribusinesses to price local securities with exchange rate hedge mechanisms

Moody's downgrades Banco Original

Bonds Structured Finance Brazil

Rating agency cuts Brazilian bank on the risk of contagion from corruption investigations at sister company JBS

Brazil repeats rate cuts

Corporate & Sovereign Strategy Brazil Economy & Policy

Central bank drops its benchmark Selic for the sixth time in a row, hitting the lowest level in more than three years

J&F reaches settlement

Brazil M&A Economy & Policy

Brazilian holding company agrees to pay more than $3bn in fines over 25 years to clear corruption allegations

Peru picks new transportation minister

Peru Economy & Policy Project & Infrastructure Finance

Former Production Minister Bruno Giuffra takes over after the government scrapped a contract for the $525m Chinchero airport project

Colombia lowers rates

Colombia Economy & Policy Corporate & Sovereign Strategy

Central bank maintains tightening policy with a 25bp cut but surprises some analysts that were expecting a 50bp decrease

Brazil sits still amid market malaise

Brazil Equity Bonds

Equity markets feel the pinch of the country's political woes, while corporate issuers postpone potential bond sales

Colombia ponders rate cut

Corporate & Sovereign Strategy Colombia Economy & Policy

Central bank could decrease its benchmark interest level by 50bp

Marfrig maintains US IPO plans

Brazil Equity Economy & Policy

Brazilian meatpacker still intends to list its US business on the NYSE, despite political turmoil at home