Ecuador says debt sale participation "excellent"

GUAYAQUIL, Ecuador, May 18 (Reuters) - Ecuador has yet to decide a price after "excellent" investor participation in an international auction to buy back $3.2 billion in defaulted debt, Finance Minister Elsa Viteri said on Monday.

Bondholders had until May 15 to bid in the modified Dutch auction. The leftist government of President Rafael Correa plans to announce the final repurchase price on May 26. (Reporting by Alonso Soto; Editing by Leslie Adler)