Ecuador Leans on Locals

Mar 24, 2010

Ecuador is planning to raise at least $1.5bn in the local market this year, finance minister Maria Elsa Viteri tells LatinFinance. “At a minimum, we’ll get $1.5bn,” says the minister. “If the market wants more, there will be more,” she adds. Issuance will mostly be in the form of bonds with tenors of 5-10 years, where the government detects strong demand, but also at...

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