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Source: www.breakingviews.com is Europe's leading financial commentary service

Bank Mandiri

Some bestsellers are expected. Number one on Amazon.com's list of the top-selling books in Latin America is Harry Potter and the Order of the Phoenix. Some are more of a surprise. At number five you'll find an anthology of dry economic prose entitled After the Washington Consensus: Restarting Growth and Reform in Latin America.

For a country with a very small net borrowing requirement, Mexico has been a huge - and hugely important - issuer of global bonds. In the past year alone it has issued some $8 billion of bonds, making it easily the largest emerging-market issuer. Since it didn't need most of the cash, it generally put it to use in liability management exercises; in doing so, Mexico has become the first country to all but eradicate its Brady bonds. Mexico also got its third investment-grade credit rating in September. But the biggest achievement came at the end of February, when the sovereign stunned the market with a 12-year bond with collective action clauses (CACs). The lead managers were JPMorgan and Goldman Sachs.

Petrobrás

Juan Ramón Quintás, Chairman of the Spanish Savings Banks Confederation (CECA), talks to Euromoney's Jules Stewart about the effects of the new finance law on the cajas

Euromoney's Jules Stewart talks to Jorge Jardim Gonçalves, chairman and chief executive of Banco Comercial Português, Portugal's largest bank, about how he intends to move it forward following recapitalization.

Investors are reluctant to buy European high-yield bonds. Rob Mannix reports on how lawyers might just change that

CABEI

An inflation rate of only 2%, a stable currency and reserves at $3.5 billion demonstrate the stress Jordan has put on having a tight and rigorously enforced monetary policy.

Samsung Capital