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ECUADOR TO BE FIRST COUNTRY TO DEFAULT ON INTERNATIONAL BOND

Por: Colaborador(es): Tema(s): En: Financial Times 23- 24 oct. 1999, p. 26Resumen: Ecuador became the first country to announce it would default on an international bond when it said it would not honour a US27m interest payment due on Monday on a US500m issue. Alfredo Arízaga, finance minister said that the country has decided to confront the issue of foreign debt with a global strategy that includes the renegotiation of all components of debt, except that of the multilateral institutions.
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Analítica de Seriada Analítica de Seriada BIBLIOTECA ECONÓMICA BCE - QUITO RESUM-018799 (Navegar estantería(Abre debajo)) Financial Times. 23- 24 oct. 1999, p. 26 Disponible

Ecuador became the first country to announce it would default on an international bond when it said it would not honour a US27m interest payment due on Monday on a US500m issue. Alfredo Arízaga, finance minister said that the country has decided to confront the issue of foreign debt with a global strategy that includes the renegotiation of all components of debt, except that of the multilateral institutions.

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