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El Salvador to repurchase more of its debt

Por: Associated Press Tech November 29, 2022

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SAN SALVADOR, El Salvador (AP) — El Salvador’s government announced Tuesday that it will make a second buyback of its sovereign debt bonds maturing in 2023 and 2025 as it tries to calm market concerns that it could default on its debt.The government set the maximum for the repurchase at $74 million. The 2023 and 2025 bond offerings were $800 million each.In September, the government bought back $565 million of those bonds.President Nayib... + full article



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