Brazilian corporates lead LatAm credits higher

March 31, 2015 9:51 PM

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NEW YORK, March 31 (IFR) - Latin American credits ended Tuesday's session better bid with sovereign and corporate credits both enjoying strong buying appetite in spite of falling oil prices.

"The market was very strong. we saw a lot of buyers," said a corporate bond trader in New York, who argued a firmer Brazilian real and month-end buying from fund managers were helping support prices.

Also read: How major US stock market indexes fared on Wednesday

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