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Chile Pension Funds’ Swap Losses Narrow as Treasuries Rally

· bloomberg.com · popularity 48/100 · 0 similar stories today · Banking, Payments & Fintech (Money, Markets & Investing)

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Summary

Chilean pension funds narrowed their market-value losses on foreign interest-rate swaps in October as a rally in US Treasuries provided some relief to a system under heavy pressure from politicians to reduce risks and boost payments.

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