Crisis-Ridden Bolivia Is Suddenly a Surprise Bond Play.

Bolivia's dollar bonds have seen a significant increase in value due to positive assessments by KNG Securities and legal challenges faced by former president Evo Morales, reducing the likelihood of his return to power. Analysts suggest that any potential restructuring of the bonds would likely focus on deferring payments rather than reducing coupon rates or principal amounts. The country's economic challenges, including dollar shortages and declining foreign reserves, have led to credit rating downgrades and ongoing political tensions between Morales and current president Luis Arce. [Extracted from the article]