Panama’s capital markets internationalise

Author: Danielle Myles | Published: 8 Jul 2011
Citibank has set up a a custody platform in Panama to facilitate foreign investment in locally issued securities. The deal is a milestone in the development of debt markets in one of Latin America’s strongest emerging economies.

The platform, established last month, makes it easier for foreigners to buy securities on the local market. It creates an alternative to buying global bonds registered in investors’ respective jurisdictions.

"Citi being able to take custody of local debt and securities will enable foreign...