Sovereign debt and LatAm-related hedging key for Spanish dealers

map of spain

Spanish dealers this year will see significant hedging business related to imminent public debt issuances and corporates' exposure to Latin America, according to dealers.

"Spanish corporates have satisfied a large part of their financing needs and without doubt we will see less issuances and less volume from corporates. But we think this will be compensated by a larger volume of issuance from public entities," said Javier Antem, the Madrid-based head of interest rate and forex derivatives for

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