NEW YORK - At Moody's Investors Service Seventh Annual Latin American Securitization Briefing, a shared story emerged among participants. In a nutshell, it was that domestic markets are flexing their muscles, while their cross-border cousin is looking malnourished.

So far this year, the region has yielded $8.2 billion in issuance on both the cross-border and domestic fronts, according to data collected by Moody's. Domestic supply accounted for 89%, or $7.2 million, of the aggregate, a breakdown that was similar to the split at the same time last year, according to Maria Muller, senior vice president of structured finance at the agency.

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.