Ecuador jumps on yield to sell bond

Ecuador jumps on yield to sell bond

Ecuador Bonds

Ecuador was the latest LatAm sovereign to seize investors' appetite for yield when it sold a 10.75% March 2022 $1bn bond, LatinFinance understands. Sole bookrunner Citi set initial price talk in the 11% area and tightened this to 10.75% at guidance, debt capital markets sources said. The notes held at 10.75% and priced to yield 10.736%. Orders reached approximately $2bn, sources said. “I think you have an asset class which is seeing large inflows. You’re going to continue to see a lot

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