No conference on Latin American structured finance would be complete without a discussion of diversified payment rights (DPRs), the asset class of electronic money flowing through banks that boasts a default rate lower than triple-A U.S. corporates.

Indeed, there still has not been a DPR transaction that has not paid back investors in full, according to participants of the Securitization and Structured Finance in Latin America (SiLAS) conference, organized by Euromoney Seminars and LatinFinance.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.