{
Daniel Noboa

People

}

Ecuador's bond rally falters as presidential support dwindles ahead of elections

Ecuador's president, Daniel Noboa, is losing the strong support he once enjoyed, just months before the upcoming election, impacting the outlook for the nation's bonds. After implementing tax increases and subsidy cuts, Ecuador's debt previously yielded over 68% returns, second only to Argentina among emerging markets, with a significant drop in risk premiums for investors.
bloomberg.com
JPMorgan Chase & Co. ECU Daniel Noboa
Finance & Economy, Market Report
15:30 27.11.2024
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