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CHILE - In reference to the Pension withdrawal bill, the important difference is that the government-backed bill will take withdrawals for certain income groups rather than allow for all withdrawals to be tax-free. It is very likely that some version of the bill will pass and could lead pension funds to sell their liquid USD assets, potentially contributing to CLP strength in the near term alongside the continued strong performance of Copper.

• As mentioned last week JPMorgan includes Chile's 2028 peso bonds in its GBI-EM index, effective today.
• Retail Sales, Industrial Production and Manufacturing Production all released at the top of the hour.

COLOMBIA - BANREP unanimous decision of unchanged as expected.

• Sees economic recovery continuing.
• 2021-2023 Inflation bets anchored at 3%.
• Central Bank staff expect 2021 GDP to recover to 4.6%.

All further evidence the easing cycle is over. Echavarria in his press conference stated rates to remain on hold for several months. Minutes to be released later today.

PERU

• It looks likely ousted Ex-President Martin Vizcarra will run for congress.
• Elsewhere, Peru's Intercorp Financial Services will enter the MSCI Global Small Cap Indexes effective Nov. 30, according to a statement from Lima's stock exchange (BVL).