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IMF Ends Long Silence on El Salvador Program, Lifting Bonds

Source: Bloomberg

Sovereign Debt & RatingsCredit & Bond MarketsEmerging Markets

El Salvador's $1.4 billion IMF program has returned to track after a year of delays, reviving a rally in the country's sovereign bonds. The renewed program progress improves confidence in the government's financing outlook and is supportive for Salvadoran credit markets.

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