The constitutional referendum ended with the Federal Reserve cutting interest rates, and Chile s nat

Mondo Finance Updated on 2024-01-31

Chile's "Three O'Clock Newspaper" said on December 27 that Chile's EMBI (emerging market bond index compiled by JPMorgan Chase) and CDS (credit default swap index) were 132 points and 51 points, respectively, following the failure to pass the second ** vote of the previous constitution3 points, small **15% and 78%。Although the country risk indicator has not yet returned to pre-riot levels, Chile remains the lowest risk country in Latin America, with an EMBI lower than the level of 382 points in Latin America as a whole (Brazil 197.).3 points, Colombia 278 points, Peru 159 points, Mexico 431 points), CDS is also lower than other Latin American countries (Uruguay 68.).1 point, Peru 711 point, Mexico 909 o'clock, Brazil 1338 o'clock, Colombia 1593 points, Panama 1656 points).

Sergio Lehmann, chief economist of Chile's Credit and Investment Bank (BCI), said that the indicators did not fluctuate significantly before and after the constitutional referendum because they did not involve fundamental economic problems, and the structural growth of the Chilean economy has not been resolved, but the two indicators remain low and stable to help the market restore confidence, and the US interest rate cut will also promote commodities***

*: Economic and Commercial Section of the Embassy of the People's Republic of China in the Republic of Chile.

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