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Honduras scraps global bonds after IMF accord

Wednesday, April 22, 2015


Honduras is bucking a regional trend by scrapping earlier plans to sell global bonds after the nation reached an accord with the International Monetary Fund in December, President Juan Orlando Hernández said.

The Honduran economy, which has struggled with everything from coffee rust disease to gang violence, is strengthening and should be more positively viewed by credit rating companies, Hernandez said.




Source: Bloomberg