El Salvador Offers to Buy Back Bonds as Risk Premiums Fall.

El Salvador is offering to buy back some of its dollar bonds from investors as risk premiums on the securities decrease. The country is specifically targeting notes due in 2025, 2027, and 2029. This move is seen as a positive indicator of President Nayib Bukele's government's stability and is expected to have a positive impact on bond prices. However, some money managers are growing cautious due to deteriorating fiscal accounts and the delayed loan from the International Monetary Fund. The offer expires on April 15 and is being managed by BofA Securities, Inc. [Extracted from the article]