08 Jul 2020
Although the first half of 2020 has been hectic and tumultuous for global markets, the primary market for LatAm has been strong thanks to accommodative central bank policies and a hearty investor appetite for yield. H1 volume was $84.113bn – slightly over $30bn more than the $53.997bn priced during H1 in 2019. This is the highest-ever first-half tally registered by LatAm issuers, and only the second time over $80bn in LatAm paper priced during the first six months of the year. The H1 total includes the nearly $37bn newly issued LatAm debt in January which broke all previous records for most prolific monthly issuance and also marked the first time LatAm monthly volume exceeded $30bn. June 2020, with $14.756bn, is now the busiest June in the entire history of the LatAm primary market.