Ecuador regains market access but tenors stay short

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Ecuador regains market access but tenors stay short

Rafael Correa, Ecuador
Ecuadorian President Rafael Correa (L) sings carols with a chorus during a Christmas event at Carondelet Palace, in Quito, Ecuador, on Dec. 18, 2014. (Xinhua/Santiago Armas) XINHUA /LANDOV | SANTIAGO ARMAS/LANDOV/Press Association Images

South American sovereign Ecuador this week demonstrated its ability to raise new debt despite a challenging economic outlook but analysts said the government’s rate of debt issuance was unsustainable.

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