Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Panama: bonds

Internal Debt
At December 31, 2012, Panama’s public sector internal debt represented approximately 24.4% of the total public sector debt. A substantial portion of total public sector internal debt is extended by public sector sources, such as CSS and official banking institutions, and BNP in particular. As of December 31, 2012, Panama’s public sector internal debt totaled approximately $3,482.8 million, an increase of $1,579.0 million from December 31, 2011. This increase was due to the issuance of $1,364.0 of a new domestic bond maturing in 2022, as part of the Market Makers Program. Panama’s public sector internal debt as a percentage of GDP was 9.6% as of December 31, 2012.
External Debt
As of December 31, 2012, total public sector external debt was approximately $10.8 billion, down from $10.9 billion as of December 31, 2011. Panama’s public sector external debt as a percentage of GDP was 29.7% as of December 31, 2012, as compared to 34.8% as of December 31, 2011. As of March 31, 2013, total public sector external debt was approximately $11.0 billion, up from $10.8 billion as of December 31, 2012. Panama’s public sector external debt as a percentage of GDP was 30.4% as of March 31, 2013, as compared to 29.7% as of December 31, 2012.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
USD 36 23 380 053 000
JPY 1 41 500 000 000
corporate
USD 751 18 327 509 000
EUR 1 1 000 000 000
CHF 1 100 000 000

News and comments

Sovereign rating

Rating AgencyRatingRating scaleDate
Dagong Global *** International scale rating (foreign curr.) ***
Dagong Global *** International scale rating (local curr.) ***
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
Fitch Ratings *** LT Int. Scale (foreign curr.) ***
Fitch Ratings *** LT Int. Scale (local curr.) ***
Registration required. Please log in or fill in the registration form.

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Global Bank Corp, 5.25% 16apr2029, USD - International bonds USP47718AE43 5.25% 400 000 000  USD 09/17/2019 04/16/2029
Avianca Holdings, 8.375% 10may2020, USD (ECP) - International bonds US05367GAA85 8.375%   USD 09/13/2019 05/10/2020
Panama, 3.87% 23jul2060, USD - International bonds US698299BL70 3.87% 750 000 000  USD 07/17/2019 07/23/2060
Panama, 3.16% 23jan2030, USD - International bonds US698299BK97 3.16% 1 250 000 000  USD 07/17/2019 01/23/2030
Empresa de Transmision Electrica, 5.125% 2may2049, USD - International bonds USP37146AA81 5.125% 500 000 000  USD 04/25/2019 05/02/2049
Panama, 3.75% 17apr2026, USD - International bonds USP90603AN40 3.75%   USD 04/10/2019 04/17/2026
Banco La Hipotecaria, 5.5% 15sep2023, USD - International bonds USP1384LAJ90 5.5% 11 000 000  USD 11/27/2018 09/15/2023
Promerica Financial Corporation, 9.7% 14may2024, USD - International bonds USP7922BAA63 9.7% 200 000 000  USD 11/08/2018 05/14/2024
Aeropuerto Internacional De Tocumen, 6% 18nov2048, USD - International bonds USP0092AAD11 6% 875 000 000  USD 11/07/2018 11/18/2048
Panama, 4.5% 16apr2050, USD - International bonds US698299BH68 4.5% 1 750 000 000  USD 10/18/2018 04/16/2050

Свалка

Daily indices

Type: 10/30/2013 10/29/2013 10/28/2013 10/25/2013 10/24/2013 10/23/2013 10/22/2013
EMBI+ Panama spread 200 202 202 203 202 206 205
EMBI Global Panama 197 199 200 201 201 205 203
show other indices

Domestic bonds outstanding volume

Monthly indices

Type: Sep 2019 Aug 2019
Latin America bond issues outstanding amount
[24911] Amount of outstanding issues of Panama corporate bonds 10.7893 10.5403
show other indices

Forex

Daily indices

Type: 10/22/2019 10/21/2019 10/18/2019 10/17/2019 10/16/2019 10/15/2019 10/14/2019
FOREX rates
[12689] USD/PAB 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000
show other indices

Credit Default Swaps (CDS)

Daily indices

Type: 10/22/2019 10/21/2019 10/18/2019 10/17/2019 10/16/2019 10/15/2019 10/14/2019
CDS Panama
[13565] CDS 6M Panama 7.8200 7.9300 7.8900 7.8100 8.1300 8.1800 8.3200
[13627] CDS 1Y Panama 11.2000 11.3500 11.2900 11.1900 11.6400 11.7200 11.9200
[13689] CDS 2Y Panama 17.7900 18.0400 17.9700 17.8000 18.5300 18.6500 18.9800
[13751] CDS 3Y Panama 25.5100 25.8700 25.7800 25.5600 26.6000 26.7800 27.2600
[13813] CDS 4Y Panama 36.0500 36.5700 36.4600 36.1400 37.6200 37.8800 38.5600
[13875] CDS 5Y Panama 48.1900 48.9000 48.7600 48.3500 50.3200 50.6700 51.5800
[13937] CDS 7Y Panama 69.8300 70.7700 70.6000 70.0800 72.6100 73.0800 74.2500
[13999] CDS 10Y Panama 89.3900 90.4400 90.2800 89.7200 92.4700 93.0000 94.2700
[14061] CDS 15Y Panama 103.8200 104.8400 104.7000 104.1800 106.7700 107.2900 108.4900
[14123] CDS 20Y Panama 111.2900 112.2700 112.1500 111.6700 114.1200 114.6300 115.7600
[14185] CDS 30Y Panama 118.6500 119.5600 119.4800 119.0600 121.2800 121.7600 122.7800
show other indices

International bonds outstanding volume

Monthly indices

Type: Sep 2019 Aug 2019 Jul 2019 Jun 2019 May 2019 Apr 2019 Mar 2019
Latin America international bonds outstanding volume
[21433] Panama international bonds, USD bln 24.190 24.091 23.794 22.211 24.091 24.088 23.605
[21493] Panama corporate international bonds, USD bln 24.190 24.091 23.794 22.211 24.091 24.088 23.605
[21553] Panama sovereign international bonds, USD bln 16.804 16.804 16.804 14.804 15.187 15.176 15.178
show other indices

Default probability (based on CDS)

Daily indices

Type: 10/22/2019 10/21/2019 10/18/2019 10/17/2019 10/16/2019 10/15/2019 10/14/2019
Default Probability Panama (Interactive Data)
[20359] 6M Default Probability Panama 0.0700 0.0700 0.0700 0.0700 0.0700 0.0800 0.0800
[20421] 1Y Default Probability Panama 0.1800 0.1800 0.1800 0.1800 0.1900 0.1900 0.1900
[20483] 2Y Default Probability Panama 0.5200 0.5300 0.5300 0.5200 0.5500 0.5500 0.5600
[20545] 3Y Default Probability Panama 1.0900 1.1100 1.1100 1.1000 1.1400 1.1500 1.1700
[20607] 4Y Default Probability Panama 2.0300 2.0600 2.0600 2.0500 2.1300 2.1500 2.1900
[20669] 5Y Default Probability Panama 3.3700 3.4200 3.4200 3.3900 3.5300 3.5600 3.6200
[20731] 7Y Default Probability Panama 6.7400 6.8300 6.8200 6.7800 7.0200 7.0700 7.1800
[20793] 10Y Default Probability Panama 12.0400 12.1800 12.1600 12.1000 12.4500 12.5200 12.6800
[20855] 15Y Default Probability Panama 20.1000 20.2900 20.2600 20.1700 20.6100 20.7100 20.9000
[20917] 20Y Default Probability Panama 27.5300 27.7600 27.7200 27.6300 28.1200 28.2300 28.4400
[20979] 30Y Default Probability Panama 40.4700 40.7200 40.6800 40.5800 41.1000 41.2300 41.4400
show other indices

New domestic bonds volume

Monthly indices

Type: Sep 2019 Aug 2019
Latin America new bond issues amount
[24909] Amount of new issues of Panama corporate bonds 0.1605 0.0294
show other indices

New international bonds volume

Monthly indices

Type: Sep 2019 Aug 2019 Jul 2019 Jun 2019 May 2019 Apr 2019 Mar 2019
Latin America new international bonds volume
[18449] New issues of Panama international bonds, USD bln 0.100 0.000 2.000 0.000 0.000 0.800 0.000
show other indices

Yearly indices

Type: 2018 2017 2016 2015 2014
Latin America new international bonds volume
[19245] Annual new issues of Panama sovereign international bonds, USD bln 1.750 1.422 1.000 1.250 1.250
[19305] Annual new issues of Panama corporate international bonds, USD bln 1.750 1.422 1.000 1.250 1.250
[19365] Annual new issues of Panama corporate international bonds, (financial sector) USD bln 0.211 1.666 0.623 0.625 0.685
[19425] Annual new issues of Panama corporate international bonds, (non-financial sector) USD bln 0.875 0.000 0.650 0.750 0.000

New domestic bonds number

Monthly indices

Type: Sep 2019 Aug 2019
Latin America new bond issues number
[24907] Number of new issues of Panama corporate bonds 34 11
show other indices

New international bonds number

Monthly indices

Type: Sep 2019 Aug 2019 Jul 2019 Jun 2019 May 2019 Apr 2019 Mar 2019
Latin America new international bonds number
[18507] Number of Panama new international bond issues 1 0 2 0 0 3 0
show other indices
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×