TITLE

Ecuador: Oil Pushes US$ Global 30 Higher

PUB. DATE
November 2007
SOURCE
Emerging Markets Monitor;11/5/2007, Vol. 13 Issue 29, p12
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article reports that the Ecuadorian US$ Global 30 bond is benefiting from the 25bps interest rate cut by the U.S. Federal Reserve Board. The yield has broken below the bond's multi-month trend channel. The bond is currently trading at 96.00 and the next upside target for the bond is set at 100.00.
ACCESSION #
27480764

 

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