Capital flows to Latin America and the Caribbean: A slowdown in 2022

Against a backdrop of tightening global financing conditions and higher global borrowing costs, Latin American and Caribbean issuers placed US$ 58.5 billion in bonds on international markets from January to October 2022, around 60% less than in the same period of 2021, with an average coupon almost 1.5% higher. The region’s international issuance of environmental, social and governance (ESG) bonds followed the broader market downturn in bond activity, particularly in the corporate sector, owing to worse macroeconomic conditions; however, it showed some resilience, slowing less markedly than overall issuance. The share of these bonds in the region’s total issuance increased to 34.5%, from 31% in the year-earlier period. Capital flows to Latin America and the Caribbean: a slowdown in 2022 analyses the main trends and developments in capital flows to Latin America and the Caribbean from January to October 2022. This report is published three times a year and provides an overview of Latin American and Caribbean issuers’ new international bonds —including green, social, sustainability and sustainability linked bonds— bond spreads and credit ratings.

Bibliographic Details

Other Authors:	NU. CEPAL
Format:	Texto biblioteca
Language:	English
Published:	ECLAC 2022-12-14
Subjects:	MERCADOS DE CAPITAL, MOVIMIENTOS DE CAPITAL, BONOS, MERCADOS, GESTION DE LA DEUDA, CREDITO, CONDICIONES ECONOMICAS, DATOS ESTADISTICOS, CAPITAL MARKETS, CAPITAL MOVEMENTS, BONDS, MARKETS, DEBT MANAGEMENT, CREDIT, ECONOMIC CONDITIONS, STATISTICAL DATA,
Online Access:	https://hdl.handle.net/11362/48572
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