El Salvador Taps Bond Market Before Planned IMF Visit in December

El Salvador Taps Bond Market Before Planned IMF Visit in December

Officials from the International Monetary Fund plan to visit El Salvador early next month as the two sides inch closer to agreeing on the terms for a potential loan program, according to people familiar with the matter.

Two members of the IMF, including the El Salvador mission chief, took the unusual step of appearing in a call on Wednesday in which government officials were pitching investors on a new global debt sale, said the people. The presence of the IMF staff members signaled to investors that a deal is nearing, the people added, asking not to be named because the call was private.

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Publish date : 2024-11-14 05:31:00

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