Ecuador Bonds Jump After Noboa Tells Investors IMF Deal Is Near

March 1, 2024, 7:13 PM UTC

Ecuador bonds gained the most in emerging markets after President Daniel Noboa told investors in New York the country expects to reach a deal with the International Monetary Fund in about two months, according to a person who attended the meeting.

  • Noboa said talks with the Fund were ongoing, said the person, who asked not to be identified describing the private meeting
  • 2030 notes jumped 1.5 cents on the dollar to around 42 cents on the dollar, the highest level in more than a year, according to indicative pricing data collected by Bloomberg
    • 2040 bonds rose 1.3 cents near 45 ...



Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.