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Ecuador to Hold Election Runoff as Socialist Candidate Leads

Ecuador’s dollar bonds slumped after investors’ preferred candidate unexpectedly trailed two rivals in Sunday’s presidential election.

New yorkUnited statesBloomberg andres arauzGuillermo lassoRafael correaYaku perezSiobhan mordenAndres arauzInternational monetary fundDemocratic centerLatin americaAmherst pierpontPresidential candidate perez callsபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ப்ளூம்பெர்க் அன்றேல் அராஸ்

Ecuador Bonds Slump After Pro-IMF Candidate Trails in Vote Count

Ecuador Bonds Plunge as Pro-IMF Candidate Lags in Vote Count Bloomberg 8/02/2021 Stephan Kueffner, Ben Bartenstein and Sydney Maki (Bloomberg) Ecuador’s dollar bonds slumped after investors’ preferred candidate unexpectedly trailed two rivals in Sunday’s presidential election. The nation’s recently restructured bonds due in 2030, 2035 and 2040 headed for their worst day since last year’s debt exchange. Andres Arauz, a socialist economist who rejects fiscal austerity demanded by the International Monetary Fund, won the first round. He’ll face either Yaku Perez, from the indigenous party Pachakutik, or the banker Guillermo Lasso in a runoff on April 11. © Bloomberg Ecuador s dollar debt slips as left-leaning candidates snag lead

New yorkUnited statesJuan manuel pazosGuillermo lassoRafael correaYaku perezSiobhan mordenAndres arauzInternational monetary fundBloomberg ecuadorManuel pazosVictoria faynblochLatin americaAmherst pierpontPresidential candidate perez callsபுதியது யார்க்

Ecuador Bonds Plunge as Pro-IMF Candidate Lags in Vote Count

Ecuador Bonds Plunge as Pro-IMF Candidate Lags in Vote Count Bloomberg 8/02/2021 Stephan Kueffner, Ben Bartenstein and Sydney Maki (Bloomberg) Ecuador’s dollar bonds slumped after investors’ preferred candidate unexpectedly trailed two rivals in Sunday’s presidential election. The nation’s recently restructured bonds due in 2030, 2035 and 2040 headed for their worst day since last year’s debt exchange. Andres Arauz, a socialist economist who rejects fiscal austerity demanded by the International Monetary Fund, won the first round. He’ll face either Yaku Perez, from the indigenous party Pachakutik, or the banker Guillermo Lasso in a runoff on April 11. © Bloomberg Ecuador s dollar debt slips as left-leaning candidates snag lead

New yorkUnited statesGuillermo lassoArauz centro democraticoTiago severoRafael correaRisa grais targowMauricio pozoSimon pachanoJuan manuel pazosFundacion ciudadaniay desarrolloYaku perezSiobhan mordenAndres arauzLenin morenoInternational monetary fund

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