Ecuador

The Latin American sovereign credit space remains firmly in distressed territory, with risk premia across the board pricing in a far greater probability of default than in Q308. Stubbornly... 2008-11-25

BMI View: With Ecuador's government mulling over whether to pay the latest coupon on its external debt, we are bracing ourselves for potentially the first sovereign default since... 2008-11-17

The sovereign credit profile in Latin America has deteriorated markedly since the last edition of our proprietary risk ratings, to the point where the region's creditworthiness is... 2008-11-13

The risk thermometer in Latin America's credit markets has been off the scale in recent weeks, mirroring the financial shake-out witnessed across the EM universe. Indeed, the spread... 2008-10-22

BMI View: We have started to witness a spate of nationalisations, referenda and constitutional proposals across Latin America, which have started to dictate investor sentiment and... 2008-08-19

In spite of the remarkable economic resilience exhibited across the region earlier in the year, global headwinds have now started to damage the macroeconomic outlook in Latin America.... 2008-08-14

We think that there could be some significant downside potential for Brazil's US$ Global 27 bond. At 6.3%, current yields do not appear attractive enough to warrant a heavy long position,... 2008-08-07

Once again, political headlines rather than economic fundamentals are helping to drive down the price of Ecuadorian debt, with the US$ Global 30 bond reaching a nine-month low of... 2008-07-22

BMI View: With front-month Brent crude still trading north of US$130 per barrel, the technical position of Latin America's oil credits remains well supported. In Ecuador, we see further... 2008-05-29

As 2007 draws to a close, Latin America looks to have chalked up another impressive year of above-trend growth, expanding on average by 4.9% according to BMI's preliminary estimates.... 2007-12-27