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Billions in Bank Loans Buy Panama Time as Slide Into Junk Looms

Markets

Maria Elena Vizcaino, Zijia Song, Vinicius Andrade

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July 25, 2025

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Bloomberg

Traders are questioning how much further a double-digit rally in Panama bonds can go this year, concerned that President Jose Raul Mulino’s borrowing binge will backfire sooner or later.

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