Investor Favorite Now Seen Heading to Runoff in Ecuador Vote

  • With 98.9% counted, Lasso has 19.7%, Perez 19.46% of vote
  • Bonds rose for a second day as Lasso heads to April runoff
Guillermo Lasso after the first round of presidential elections in Guayaquil, Ecuador, on Feb. 7.Photographer: Vicente Gaibor/Bloomberg
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Ecuador’s bonds rose for a second day as conservative presidential candidate Guillermo Lasso overtook a rival as the final votes were counted from Sunday’s election, boosting his chances of securing a place in the April runoff.

Lasso, a career banker who wants close ties with Washington, held a razor-thin margin over indigenous party candidate Yaku Perez, an environmentalist who opposes big mining projects. Perez officially requestedBloomberg Terminal a recount of votes in seven provinces, the National Electoral Council President Diana Atamaint said via Twitter.