The region's issuers placed US$ 89 billion of bonds in international markets in 2023. This total was 40% higher than in 2022 but 35% lower than the average issuance in the three-year period from 2019 to 2021.
The region’s top three SLB issuers were Brazil (60%), Mexico (28%) and Chile (8%), and the top three sectors transportation (26%), forestry and paper (23%) and food and beverage (22%).
The organization’s Executive Secretary, Alicia Bárcena, made a presentation during a high-level seminar on the challenges that the crisis arising from the coronavirus poses for both parties.
In 2019, international bond issuance from the region increased and bond spreads tightened. Credit quality continued to deteriorate, however, although at a slower pace relative to 2018.
The organization’s Office in Washington D.C. released a new study on resilience and capital flows, with a focus on the development challenges of the region.
A study by ECLAC also indicates that around one third of foreign direct investment in the region came from that North American country in the last decade.
Latin America and the Caribbean remains a major trading partner for the United States and one of the main destinations for foreign direct investment, ECLAC’s report says.
The region’s international bond sales reached a half-year record of US$ 84 billion in the first six months of the year, according to a new report by ECLAC’s Office in Washington D.C.
