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Guatemala bucks trend with prospect of big bond

Thursday, January 14, 2016

Guatemala’s new government is expected to sell a $500 million eurobond in early 2016 to shore up fragile state finances, despite neighbouring Costa Rica struggling to sell a $1 billion bond to China and recent havoc across emerging markets.

Jimmy Morales, who is inaugurated as president today, aims to attract investment but has yet to announce his economic team or add detail to his policies.

Source: Financial Times