Uruguay planning to expand nascent sovereign debt market to improve liquidity

Wednesday, June 6th 2012 - 06:27 UTC

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Uruguay wants to expand its nascent local sovereign debt market to improve the liquidity of its securities, said Azucena Arbeleche, the head of the country’s debt management unit at the Ministry of Economy and Finance. Read full article

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ChrisR
“Perhaps not everyone who is now participating in the primary market will continue to be there,” Arbeleche said.

I wonder if she has ever heard of 'concert parties'?

Not the ones with orchestras and drinks but business get togethers in smoke filled rooms by a few really powerful commercial players TO FIX THE PRICES.

Not a good idea at all.

Ideas such as this reinforce the view that the present Uruguayan government is just beginning to 'feel its way' in the markets. The trouble with that is there are sharks in the market!
Jun 06th, 2012 - 11:57 am - Link - Report abuse 0
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