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November 22, 2012
Since our last look at sovereigns across the Caribbean Curve (Aug-2012), yields have contracted by an average of 17.9 basis points (bsp) in the middle of the curve. Trinidad (including the Petro TT’s), Aruba (-126 bsp), Dom Rep 21’s (-34 bsp) and 18’s (-41 bsp) and the Cayman Islands (-43 bsp)have been some of the notable postive performers.