 Capital flows to Latin America and the Caribbean: A slowdown in 2022- Oficina de la CEPAL en Washington (Estudios e Investigaciones) from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) Abstract: 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. Date: 2022-12-14 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ecr:col896:48572 Access Statistics for this paper More papers in Oficina de la CEPAL en Washington (Estudios e Investigaciones) from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.