Fynsa
Has the corporate debt market in Chile rebounded in recent months? We believe so.
Monetary policy tightening has forced investors to quickly liquidate their carry trade positions, generating a wave of selling in several assets.
It appears that the trend is rebounding and the market is ready to inject the liquidity it had been holding onto while waiting for better investment opportunities.
Banks cite a less favorable or more uncertain economic outlook, reduced risk tolerance, deteriorating collateral values, and concerns about funding costs and their liquidity positions.
