Peru
Peru filed to issue new USD-denominated global bonds and launched an exchange offer for eligible outstanding USD bonds to be swapped into new 2036-dated paper or
June 26, 2025
Peru filed to issue new USD-denominated global bonds and launched an exchange offer for eligible outstanding USD bonds to be swapped into new 2036-dated paper or
Jamaica completed its 2025 Article IV with the IMF, which praised its strong institutional progress, falling debt, and macro stability. Despite FY2024/25 GDP losses from hurricanes,
Brazil’s central bank intervened in currency markets by selling USD 1 bln in spot and conducting reverse swaps of the same size to boost real attractiveness
Bolivia’s central bank announced it is integrating local payment systems with cryptocurrencies through authorized platforms, enabling stablecoin transactions (e.g. USDT). Electronic payments rose 89% YoY to
According to Bloomberg analysts, Argentina’s inflation crisis sharply reduced domestic market liquidity between 2013 and 2020, pushing companies to rely on US markets. ADR activity surged, with
Ghana will resume domestic bond sales later in 2025, targeting GHS 3 bln in medium-term notes between September and December to refinance costlier treasury bills. Falling
Egypt issued a USD 1 bln sovereign sukuk via private placement with Kuwait Finance House. The sukuk carries a 7.875% annual coupon and matures in three
DR Congo and Rwanda moved forward with the long-delayed USD 760 mln Ruzizi III hydropower plant after US-backed peace efforts. The 206 MW facility is expected to double
Lebanon received USD 250 mln from the World Bank as part of a scalable USD 1 bln framework for post-war reconstruction, while Syria secured a USD 146 mln
The IMF has released its Article IV consultation report on Uzbekistan, where it forecasted robust growth of 5.9% and 5.8% over the next two years, with
The IMF has completed its second review of the Policy Coordination Instrument for Tajikistan, as well as Article IV consultations. The fund said there is “broad
Kazakhstan placed USD 2.5 bln of international bonds, including USD 1.35 bln of 7-year, 5% coupon notes, and USD 1.15 bln of 12-year notes with
Armenian PM Pashinyan said security forces have foiled a coup plot in the country, involving an archbishop. Fourteen people were arrested in total, including two former
US President Trump has said he had a “good” meeting with Ukrainian President Zelensky at the NATO summit, and that the US will look at sending more
Thailand’s central bank held its key interest rate at 1.75% and raised its 2025 GDP growth forecast to 2.3%, up from the earlier range of 1.3%–2%.
Pakistan secured a total of USD 544 mln in funding as the ADB approved a USD 300 mln policy-based loan and a USD 50 mln financial
Crude oil prices rose over 1% to above USD 65/barrel on Wednesday, rebounding from a 13% two-day plunge, its steepest drop since 2022. The market