Ecuador Bonds Slump Amid Broad Risk Aversion in Markets

Ecuador’s bonds fell the most in an index of emerging-market dollar debt amid the broad risk aversion in global financial markets.

• Notes due in 2040 slumped 2.8 cents to 62.3 cents on the dollar, according to indicative pricing data collected by Bloomberg
• 2035 bonds slipped 2.6 cents to 72.2 cents on the dollar, the data show
• READ: Emerging FX Eye Worst Day Since November on Trump China Threats
• The IMF and Ecuador reached a staff-level agreement on the review of country’s extended fund facility arrangement Thursday
  • Upon approval by the IMF executive board, Ecuador will have access to about $600m ...