Bondholders calm as Guatemala pledges to avoid default

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Bondholders calm as Guatemala pledges to avoid default

Guatemala, Antigua, calm, volcano, LatAm, 575, Central America
H-Media - stock.adobe.com

Guatemala’s international bonds prices finally reacted this week to its failure to make a November 3 coupon payment amid a legal battle with a US energy company. But the Central American government’s public credit office says a solution is imminent and bondholders appear confident that default will be avoided.

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