Southern Copper hogs limelight in quiet LatAm session

April 20, 2015 8:43 PM

65 0

NEW YORK, April 20 (IFR) - Southern Copper, a miner with operations in Peru and Mexico, hogged the limelight Monday with a rare US$2bn bond sale in an otherwise quiet session for Latin America credit markets.

With oil prices higher and the yield on the benchmark 10-year US Treasury still comfortably below 2%, the region's benchmark bond prices held steady amid an improving tone in emerging markets as China moved to combat slowing growth.

Read more

To category page