Forget the giants, Panama has the best credit in Latin America
If you had to name the country that bond investors consider to be the best credit in all of Latin America, which would you guess?
Chile, many of you will be inclined to blurt out. Or perhaps Mexico. The more adventurous among you may even offer up one of the rising powers in the region like Peru or Colombia.
The answer, it turns out, is none of these usual suspects. It is tiny Panama.