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Ecuador Political News

Ecuador’s debt bonds are having a good time, according to Bloomberg

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The rapid progress of mass vaccination against COVID-19, the rise in the international price of oil and optimism about the election of Guillermo Lasso as President of the Republic are the three factors that positively drive the yield on Ecuado’s debt bonds r, includes a publication of the specialized medium Bloomberg of August 2.

According to Bloomberg, based on the Bloomberg Barclays Index, this year Ecuadorian bonds appreciated 28%, more than any other country.

The papers enjoy a better perspective on the part of investors, compared to other countries in Latin America, where there are changes in the political trend, a rebound in inflation and economic growth that pressure central banks to raise rates of interest.

To read the full story on El Universo, click here.


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