Ecuador Offers $1 Billion of Bonds at Highest Coupon Since 2000

  • Nation last sold $750 million in 5-year bonds in May 2015
  • Ecuador’s GDP is set to contract 3.3% in 2016 amid drop in oil

Ecuador is offering $1 billion of bonds in the overseas market with the highest coupon since 2000 as the nation seeks to plug a financing gap following lower oil prices.

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