Minister Alejandro Zelaya explained that the country fully paid the $800 million 2023 bond and only owes $347 million on the 2025 bond due to intelligent management of sovereign liabilities and risks.The total debt was $1.6 billion. Seguir leyendo Bold strategies allowed the government of El Salvador to pay $800 million in debt.
The repurchases carried out by the country in September and December 2022 allowed the country to obtain more than half of the debt at two years of maturity. Seguir leyendo The Salvadoran bond due in 2025 was reduced to $349 million.
Despite the skepticism shown by some national and international media, today the President of El Salvador, Nayib Bukele, complied. Seguir leyendo Contrary to what was said by the mass media, El Salvador complied with the payment of the bond maturing in 2023.
Jack Dorsey, the former CEO of Twitter and now an entrepreneur in the Bitcoin industry, donated 0.28 BTC to Mi Primer Bitcoin, an organization focused on financial education in El Salvador. Seguir leyendo Jack Dorsey donated 0.28 BTC to My First Bitcoin in El Salvador.
The Minister of Finance, Alejandro Zelaya, indicated that last year the amount collected in previous governments was exceeded by $1.8 billion. Seguir leyendo El Salvador registered a historic tax collection in 2022.
Data from the Superintendence of the Financial System (SSF) shows an increase in savings deposits compared to the previous year. Seguir leyendo Savings deposits grew by $580.3 million until November in El Salvador
The government of President Nayib Bukele acquired bonds for $647 million for the two repurchase operations carried out to date and savings of more than $288 million. Seguir leyendo El Salvador completes the second repurchase of its sovereign bonds and acquires $647 million
Dante Mossi said that the Tren del Pacfico and the Los Chorros viaduct will be the two main cooperation bets for 2023. Seguir leyendo CABEI will allocate $1 billion for projects in El Salvador in 2023
The vice president of Exor Latin America, César Addario, considered that the new offer reflected, before the international community, the country’s commitment to honor its debt commitments. Seguir leyendo Exor highlights the second El Salvador bond buyback
The president reported that all holders of bonds in El Salvador can access this voluntary repurchase. Last time, $46 million was outstanding. Seguir leyendo President Nayib Bukele launches the second bond repurchase 2023 – 2025