El Salvador’s government is planning to send about twenty bills to the Congress in order to provide a legal foundation for issuing Volcano bonds this year. The bills contain financial markets and securities investment information. Finance Minister Alejandro Zelaya said “(This is) to provide a legal structure and legal certainty to everyone who buys the bitcoin bond.”
El Salvador’s USD bonds were trading stable with its 7.65% 2035s trading at 56.875, yielding 15.3%
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