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Ecuador $12M bond diversion from central bank custody shakes market
ExpresoLO·EC·4 days ago
Ecuador's Central Bank publicly disassociated itself from bond transfers, stating they are executed solely on brokerage instructions, defending the Depository of Values' controls. This follows likely scrutiny or criticism over transfer processes, though specifics are unclear. The statement aims to clarify institutional responsibility and may affect market confidence in Ecuadorian financial infrastructure.