Correa justifies the issuance of bonds by Ecuador

In the framework of the placement of $ 2,000 million in the international market at a 10-year term and with an interest annual rate of 7.95%, President Rafael Correa yesterday justified the action stating that this resources will cover the fiscal deficit and the investment for...

Ecuador Will Use Financial Bonds

After four years of absence, the Ecuadorian authorities plan to re-financed through bonds, reported Analisis Digital weekly. The central bank president, Pedro Delgado said he “is in talks with Hamilton Financial, Lazard Ltd and Clifford Chance to structure a bond...