Barclays Expects Bolivia to Muddle Through, Recommends 2028 Bond

Investors are recommended to buy Bolivian government bonds due in 2028 as the nation is expected to stay current on its global bonds even as potential policy adjustments will be delayed until after the 2025 election, according to Barclays strategist Sebastian Vargas.

• Political agreements could unlock multilateral funding, Vargas wrote in a Wednesday note to clients
  • “The main downside risk is a political crisis that translates into capital outflows and policy paralysis,” he wrote. “In a default scenario, we think recovery values would be high, as Bolivia would probably look for a maturity extension and would not require a punitive ...