26 de julio de 2022
It will be interesting to see if the media will publish hundreds of articles saying El Salvador is repurchasing its own debt, just as they published hundreds of articles saying (without substance) we were heading to a default.
26 de julio de 2022
And we’ll do it at market price (understanding the market price will probably move upwards once we start buying all the available bonds).nnThe purchasing operation will start in 6 weeks (the time it takes to file all the paperwork).
26 de julio de 2022
Contrary to what the media has been saying all this time, El Salvador has the liquidity not only to pay all of its commitments when they are due, but also purchase all of its own debt (till 2025) in advance.
26 de julio de 2022
Today we are sending 2 bills to Congress to ensure that we have the available funds to make a transparent, public and voluntary purchase offer to all the holders of Salvadoran sovereign debt bonds from 2023 to 2025 at whatever the market pr...