(Bloomberg) — Plans for a $1 billion Bitcoin bond in El Salvador sent the nation’s dollar-denominated bonds to an all-time low.
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El Salvador’s dollar denominated notes due in 2050 slumped to 63.4 cents on the U.S. dollar on Tuesday, the lowest on record. The Central American country’s debt has been among the world’s worst performers so far this week as investors consider whether President Nayib Bukele’s plan to sell sovereign Bitcoin bonds closes the door on…
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