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Emerging MarketsEM LatAm

Bondholders calm as Guatemala pledges to avoid default

Guatemala, Antigua, calm, volcano, LatAm, 575, Central America

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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