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Investors ponder more El Salvador debt in cross-border market

Thursday, September 21, 2017

El Salvador has not ruled out more bond issues this year, with talks of another $500 million still on the table as the Central American sovereign issuer ponders its budget.

While the government prefers to tap the local debt capital markets, sources have said that domestic banks already hold substantial sovereign debt, which may have hit a ceiling.

Source: Latin Finance