El papel de los Bonos en el financiamiento del Estado Ecuatoriano

Bond issuance is a debt instrument issued by a government to finance itself. When the government is discredited and funds are required to be able to continue with the purpose established by the rulers, they turn to bond issuance. Participants willing to negotiate large sums of money enter the international markets on a daily basis, mainly governments that issue bonds. In addition to financing, Ecuador has been present in these markets as a measure to restructure its foreign debt. The purpose of the research was to analyze the issuance of bonds as a source of financing for the Ecuadorian State, considering economic, financial, political and social aspects. Likewise, Ecuador's indebtedness through sovereign bonds was taken into account. Therefore, the methodological process was based on the qualitative model, allowing the identification of trends that are not explorable, resorting to the application of documentation techniques. The results include the types and processes of financing, the characteristics of the bonds issued in Ecuador to obtain the most significant differences, a situation that has been maintained since the first issuance of debt instruments and the social effects for the citizenry that emerged directly from the data obtained from official sources. It concludes with a list of types and processes of financing, as well as a comparison of the characteristics of sovereign bonds and, finally, it describes the social effects caused by public indebtedness due to the issuance of bonds.

• 1. Verfasser: Campoverde Pangay, Yolanda Paola (author)
• Format: bachelorThesis
• Sprache: spa
• Veröffentlicht: 2023
• Schlagworte: <BANCA Y FINANZAS>; <ESTADO ECUATORIANO>; <MERCADOS FINANCIEROS>; <DEUDA EXTERNA>
• Online Zugang: https://dspace.unl.edu.ec/jspui/handle/123456789/26925