Expectations that José Antonio Kast's government will revive Chile's economy are increasing appetite for lower-grade corporate bonds. Riskier Chilean corporate debt recommendations rose in September, according to a Bloomberg survey of 24 analysts and traders.

A 17% share of respondents would buy bonds rated up to 'BBB', more than triple the previous month and the highest proportion since March. About 30% would limit purchases to top-rated debt, while 26% would buy 'AA' or higher and another 26% would accept up to 'A' ratings.