Bonds from Ecuador were the biggest gainers in emerging markets Wednesday on a report that negotiations with the International Monetary Fund are likely to begin soon. Barclays strategists also upgraded their recommendation on the notes to overweight.
- Bonds due in
2030 rose 1.2 cent to 45 cents on the dollar, the highest in 13 months, according to indicative pricing data collected by Bloomberg- Debt due in
2035 jumped 1 cent to 51.2 cents on the dollar
- Debt due in
- The IMF is currently preparing for negotiations with Ecuador that are likely to begin formally within weeks, news site Primicias said, citing Western Hemisphere ...
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