LATAM CLOSE-No deals price in LatAm primary market

jueves 25 de agosto de 2016 15:55 GYT
 

* Brazil's BNDES expands credit to big companies
    * Chile's Codelco places debt in local market
    * Brazil defaults show signs of stability despite July rise

    By Paul Kilby and Anthony Rodriguez
    NEW YORK, Aug 25 (IFR) - No deals priced in the LatAm primary market on
Thursday. 
    
    Here is a snapshot of LatAm sovereign spreads: 
     SOVEREIGN       8/24  8/23  8/22  1D   10D    YTD    2015/16 HIGH
 ARGENTINA           450   442   448    8    13     -          -
 BARBADOS            667   668   665   -1    2     63    659 (2/11/16)
 BRAZIL              280   278   280    2    -4   -206   542 (2/11/16)
 CHILE                62    63    63   -1    -1    -24   143 (2/11/16)
 COLOMBIA            203   205   205   -2    -5    -86   412 (2/11/16)
 COSTA RICA          381   383   384   -2   -17   -136   587 (2/11/16)
 DOMINICAN REP       335   336   336   -1    1     -80   542 (2/11/16)
 ECUADOR             891   889   874    2   -18   -424   1765 (2/11/16)
 EL SALVADOR         484   497   496   -13  -15   -156   840 (2/11/16)
 GUATEMALA           237   236   231    1    5     -65   385 (2/11/16)
 JAMAICA             385   387   390   -2   -15    -64   519 (2/11/15)
 MEXICO              160   160   161    0    -3    -34   278 (2/11/16)
 PANAMA              150   151   155   -1   -13    -56   272 (2/11/16)
 PERU                152   154   154   -2    -8    -79   291 (2/10/16)
 TRINIDAD & TOBAGO   190   190   191    0    -4    92    173 (1/15/15)
 URUGUAY             211   211   212    0    -3    -57   344 (2/11/16)
 VENEZUELA           2455  2440  2490  15   -235  -337   3713 (2/12/16)
    Source: Bank of America Merrill Lynch Master Index
    
    SPREAD TRENDS
    Ten-day trend 15 out of 17 sovereigns tighter
    YTD: Barbados wider by 63bp
    YTD: Costa Rica tighter by 136bp
    YTD: Panama tighter by 56bp    
        
    PIPELINE
    None

 (Reporting by Paul Kilby and Anthony Rodriguez; Editing by Shankar
Ramakrishnan)