Thursday, July 19, 2007

Emerging debt-Risk appetite returns, Bogota sells bonds

(Reuters) - Taking advantage of the market lull, the Colombian capital
of Bogota sold $300 million of peso-denominated bonds due in
2028. Peru is also expected to sell on Friday at least $1
billion of 30-year bonds denominated in its local currency, the
sol.




"All is rosy in emerging markets land once again as an
easing of subprime/CDO-related fears and strong earnings
announcements has prompted a partial unwind of flight to
quality," RBC Capital Markets analysts wrote in a research
note.


Read more at Reuters.com Bonds News

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