Tag Archives: El Salvador

El Salvador’s junk-rated bonds have experienced a significant surge in value in the past six months, with the value of the country’s bonds up 62%. This is part of a market-wide trend in junk-rated bonds in 2023, with El Salvador’s bonds outperforming the Invesco Emerging Markets Sovereign Debt. El Salvador’s …

El Salvador has become the first country to adopt bitcoin as a legal currency after lawmakers in Congress voted overwhelmingly in favor of the bitcoin law. The purpose of this law is to regulate bitcoins as a legal currency with unrestricted liberalization authority, and unlimited in any transaction. Prices can …