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Ecuador's Original English Language Newspaper

Ecuador Yields Surge Above 20% as Oil Rout Boosts Default Risk

Published on March 12, 2020
Facebook Twitter Google+ LinkedIn Ecuador’s dollar bonds have slumped as investors price in a higher probability of default following the crash in crude oil prices. The nation’s dollar bonds due 2028 fell 10.6 cents, to 47.6 cents on the dollar on Monday, sending the yield surging 4.3 percentage points to 22.3%. The extra yield investors […]

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