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LatinNews Regional Monitor: Andean Group - 26 January 2018

TRACKING TRENDS

ECUADOR | Bond issue. The economy & finance ministry announced on 18 January that it has successfully placed US$3bn in sovereign bonds in international capital markets. This is Ecuador’s first debt issue of the year, and according to a ministerial statement the 10-year bonds were placed at an interest rate of 7.87%. It is the lowest interest rate offered by such bonds since Ecuador returned to international markets in 2014.

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