El Salvador spots window of opportunity to complete funding needs with $451m 20 year

17 Oct 2002

El Salvador pounced on a rare day of stability in the emerging markets yesterday (Thursday) to complete its funding needs out to June 2023 with a $451.5m 20 year put 10 transaction. The sovereign was bombarded with $1.65bn of orders, enabling the deal to be increased from $250m ...

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