LATAM CLOSE-No deals price in LatAm primary market

jueves 1 de septiembre de 2016 14:39 GYT
 

* Brazil yields fall as door opens for rate cut
    * LatAm FX steady, supported by carry trades
    * Chile's SQM to buy stake in Australia's Elemental
    * Mexican president blasts Trump's "huge threat"

    By Mike Gambale
    NEW YORK, Sept 1 (IFR) - No deals priced in the LatAm primary market on
Thursday. 
    
    Here is a snapshot of LatAm sovereign spreads:
     SOVEREIGN      8/31  8/30  8/29  1D   10D  YTD    2015/16 HIGH
 ARGENTINA          437   431   434    6    9    -          -
 BARBADOS           666   665   666    1    2    62   659 (2/11/16)
 BRAZIL             285   281   279    4   11   -201  542 (2/11/16)
 CHILE               61    61    61    0   -4   -25   143 (2/11/16)
 COLOMBIA           209   202   204    7   11   -80   412 (2/11/16)
 COSTA RICA         378   378   377    0   -10  -139  587 (2/11/16)
 DOMINICAN REP      343   338   336    5   10   -72   542 (2/11/16)
 ECUADOR            878   885   885   -7    8   -437  1765 (2/11/16)
 EL SALVADOR        472   472   479    0   -24  -168  840 (2/11/16)
 GUATEMALA          234   232   233    2    0   -68   385 (2/11/16)
 JAMAICA            400   375   377   25   17   -49   519 (2/11/15)
 MEXICO             161   158   158    3    3   -33   278 (2/11/16)
 PANAMA             150   148   146    2   -2   -56   272 (2/11/16)
 PERU               154   153   151    1    2   -77   291 (2/10/16)
 TRINIDAD & TOBAGO  220   185   186   35   25   122   173 (1/15/15)
 URUGUAY            211   211   212    0    0   -57   344 (2/11/16)
 VENEZUELA          2546  2400  2421  146  -7   -246  3713 (2/12/16)
    Source: Bank of America Merrill Lynch Master Index
    
    SPREAD TRENDS
    One-day change: mostly flat to wider
    Ten-day: mixed
    YTD: Brazil tighter by 201bp
    YTD: Guatemala tighter by 68bp
    YTD: Uruguay tighter by 57bp
    
    PIPELINE
    None
    

 (Reporting by Mike Gambale and Paul Kilby; Editing by Marc Carnegie)