Frontier Daily, 10 November: Ecuador, SSA losses; El Sal gains, US 10y uptick

  • Ecuador eurobonds -3.5%, bringing total losses to 11% since Monday Noboa statements on default risks and policy plans

  • SSA oil exporters see losses yesterday as Brent falls and crack spreads climb – Ghana -2.4%, Angola and Nigeria -1.4%

  • El Salvador rally continues this week, index OAS -26bp yesterday, after local bank debt programme reduces default risks
November 10th, 2023
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