December 8, 2016 / 2:19 PM / 8 months ago

Ecuador plans new 10-year benchmark bond: sources

NEW YORK, Dec 8 (IFR) - The Republic of Ecuador has announced a new 10-year bond sale, setting initial price thoughts at a yield in the low 10% area, according to market sources.

Citigroup is the sole lead on the benchmark-size bond offering, which is expected to price later on Thursday. (Reporting by Davide Scigliuzzo; Editing by Jack Doran)

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