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Latin American bond issuers will face a difficult 2023

The chill that pulled Latin American debt issuers out of international bond markets in 2022 is setting, as the US assumes the outlook for higher interest rates for longer.

Governments and companies in the region have issued about US$44 billion in dollar-denominated bonds this year as the Fed raised borrowing costs, the lowest for the period since the 2008 global financial crisis, according to Bloomberg data.

This could push the typical early-year issuance until at . . .

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