Citigroup Cuts Ecuador to Marketweight Before Noboa Referendum
Citigroup cuts its recommendation on Ecuador’s dollar debt to marketweight from overweight ahead of this weekend’s referendum, noting bonds could sell off if President <-bsp-person state="{"_id":"0000018e-f825-d583-afbf-fafd36a90000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Daniel Noboa-bsp-person> fails to get a strong showing.