Considering the absence of any official announcements, El Salvador’s government seems to have delayed the launch date of the so-called “volcano bonds.” Earlier, Salvadoran Finance Minister Alejandro Zelaya had been reassuring the public that the project would start by March 20.
Speaking on a local TV show on Friday, El Salvador’s finance minister once again announced that the launch of so-called “volcano bonds” should take place somewhere between March 15 and 20 — the same dates had been declared during his previous TV appearance in February. Albeit this time, Zelaya mentioned the unstable political situation in the world as one of the factors that could influence the planned timing.