Latin American issuance was solid, if unspectacular in the first half of this year. However, with politics, sticker price resistance and refinancing needs skewed to 2024, the next half may be more difficult.
Despite a year of high-profile issuance, all is not well in the sustainability-linked bond market. Teething problems could soon become an existential crisis, raising the risk that investors might decide to abandon the asset class altogether.
From a 17th century priest’s biography and Pushkin’s prose to modern writers - these translations of both contemporary and classic books are definitely worth your time. Add them to your Christmas reading list.