El Salvador: Damage limitation exercise brings respite but downside risks remain
-
Bonds shaken after removal of top judges and the attorney general by Congress last weekend put IMF programme in doubt
-
Investor call and confirmation that IMF talks are continuing helped calm markets, but much depends on the US attitude
-
Without the IMF, restructuring fears will mount on high debt, high share of bonded debt and high financing needs; Hold
You can read this report by subscribing to a Starter or Pro plan today.
Already have an account? Log in
Most Read
Disclosures
This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
The Analyst certifies that the views and forecasts expressed in this report accurately reflect their personal views about the subject, securities, or issuers specified herein. In addition, the Analyst certifies that no part of their compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in this report.