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The Independent UK
The Independent UK
National
Via AP news wire

El Salvador to repurchase more of its debt

AP

El Salvador’s government announced Tuesday that it will make a second buyback of its sovereign debt bonds maturing in 2023 and 2025 as it tries to calm market concerns that it could default on its debt.

The government set the maximum for the repurchase at $74 million. The 2023 and 2025 bond offerings were $800 million each.

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