Latin America saw a record level of corporate bond issuance in 2009 and the boom is expected to last well into the first half of this year.
Last year, total corporate and financial bond issuance in the Latin America and Caribbean region was about $54bn to $55bn, against $9.6bn in 2008, according to Deutsche Bank. Meanwhile, 2007 was the last record year, with a total of $36.5bn. Deutsche Bank expects overall issuance to drop this year but to remain buoyant, with a total ranging from $40bn to $45bn.