Investors voice concerns for El Salvador's Bitcoin bonds

Investors voice concerns for El Salvador's Bitcoin bonds

Corporate & Sovereign Strategy Bonds Fixed Income Debt Capital Markets Central America El Salvador

Sovereign bond buyers have expressed concerns over El Salvador’s plans to issue $1 billion in so-called Bitcoin bonds to build the world's first cryptocurrency mining city, saying the government could pull away from reaching an agreement with the International Monetary Fund (IMF). "It is hard to believe that institutional investors already reeling from the global bond losses would jump at the idea," said one investor who tracks El Salvador's debt. "This announcement cements the 'anything-but-the

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial