MNI: PBOC Net Drains CNY408.7 Bln Via OMO Tues

MNI: PBOC Sets Yuan Parity Lower At 7.1334 Tues; -1.30% Y/Y

CHINA PBOC CONDUCTS CNY267.3 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1334 TUES VS 7.1335

MNI PBOC WATCH: PBOC Cuts 7-Day Rate As Reconfigures Framework

MNI China Daily Summary: Monday, July 22

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CBRT Data Watch

NBH Data Watch

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

JPMorgan On Chile’s New Process To Re-Write Constitution

CHILE
  • In all, the multi-body framework (Commission, Council and Committee) seems consistent with the base case of a less maximalist text than the one rejected in September, with some pillars that were put into question ring-fenced from the beginning, thus abandoning the idea of ‘writing a new constitution from scratch’.
  • In terms of timing the proposed itinerary sets January 2023 for the inauguration of the Commission, April for the election of Constitutional Councilors (mandatory voting), May for the inauguration of the Constitutional Council, and October as deadline to present the final constitution draft. The process is to end on November 26, 2023 with a ratification plebiscite (mandatory vote).
  • The limited time the Council will enjoy to discuss and vote suggests the relatively intense calendar is feasible. That said, it would be advisable some sort of coordination of the Commission and the Committee, as well as an extremely well organized division of labor in the Committee so to address the likely numerous demands their members are likely to receive in such a limited time span.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.