El Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 Weeks
The bond repurchase is seen as an attempt by El Salvador to dispel rumors of a potential default on its debt.
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Sep 21, 2022 at 9:29 p.m. UTC
Sep 21, 2022
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El Salvador's Debt Rating Cut to CC by Fitch
The rating agency said the country is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption.
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Sep 16, 2022 at 10:15 a.m. UTC
Sep 16, 2022
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1 Year of Bitcoin in El Salvador: The Bad, the Good and the Ugly
Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs.
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Sep 15, 2022 at 7:38 p.m. UTC
Sep 15, 2022
El Salvador lanza dos ofertas de recompra de deuda en medio de la incertidumbre sobre su bono bitcoin
Las propuestas fueron consideradas un intento de contrarrestar las especulaciones sobre un potencial default por parte del país centroamericano.
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Sep 13, 2022 at 8:21 p.m. UTC
Sep 13, 2022
El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond
The offers have been viewed as an attempt to counter speculation about a potential default by the country.
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Sep 12, 2022 at 8:59 p.m. UTC
Sep 12, 2022
El Salvador retrasa la emisión de los bonos bitcoin, según Paolo Ardoino, CTO de Bitfinex
Ardoino, también CTO de Tether, espera que el bono aún pueda implementarse este año.
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Aug 30, 2022 at 8:42 p.m. UTC
Aug 30, 2022
El Salvador’s Bitcoin Bond Delays Continue; Investor Interest Wanes: Report
The chief technology officer at Bitfinex and Tether said he hopes the bond can still be rolled out this year, despite a plunging bitcoin price.
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Aug 30, 2022 at 6:25 p.m. UTC
Aug 30, 2022
El Salvador's Finance Minister Says Bitcoin Adoption is 'Gaining Ground': Report
Alejandro Zelaya said bitcoin adoption has been beneficial to El Salvador's unbanked population.
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Jul 29, 2022 at 11:02 a.m. UTC
Jul 29, 2022
El Salvador Introduces 2 Sovereign Debt Repurchase Bills in Effort to Allay Default Concerns
President Nayib Bukele announced that the Central American country seeks to buy back bonds maturing in 2023 and 2025 at market prices.
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Jul 26, 2022 at 8:49 p.m. UTC
Jul 26, 2022
El Salvador compra 80 bitcoins adicionales a $19K cada uno, según el presidente Bukele
La última compra del país centroamericano había sido en mayo.
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Jul 1, 2022 at 5:27 p.m. UTC
Jul 1, 2022