Honduras Offers Premium To Buy Back $700 Million In Bonds
The government will pay $1,010 per $1,000 note, a premium above face value, with tenders due July 21.
- Target: the 6.250% notes due 2027, the entire issue Honduras has outstanding.
- Honduras alone will decide the final amount accepted; settlement is set for July 29.
- New notes follow only if this buyback succeeds; size and coupon remain undisclosed.
Why it matters: A treasury buying back debt before pricing its replacement is wagering on credit markets it doesn't control.
Republic of Honduras official press release (offer to purchase existing notes) ↗ · Jul 14, 20267/14/26