EL Salvador hits bond market under new leadership

摘要

With a new president at the helm, el Salvador returned to the dollar market for the first time in over two years last week with a 30-year bond. The sovereign, rated B3/B-/B-, raised about US$1.097bn ahead of a US$800m bond amortization in December and following the electoral victory of Nayib Bukele in February. Markets were looking softer on Tuesday as US President Donald Trump's comments on US-China trade talks unnerved investors, but not enough to put off El Salvador, which had just finished investor meetings.