Dollar‑denominated sovereign bonds fell for a tenth consecutive day as road blockades cut off food, fuel and medical supplies to La Paz, marking the worst performance among emerging markets.
The yield on 2031 notes rose to 10.6% from 9.75% at issuance three weeks earlier; 2030 notes slipped over a cent, and Barclays recommended selling the 2031 bonds.
Nearly 60 blockades across six of nine departments disrupted supply chains, threatening to paralyze the capital’s economy and likely to push double‑digit inflation higher.
President Rodrigo Paz faces protests demanding his resignation; the Senate passed a bill easing emergency‑state declaration rules, now under debate in the lower house.
Stock Market Impact
Sovereign bond prices declined sharply, yields spiked, indicating negative sentiment for Bolivian debt markets.
Listed Companies and Sectors
No corporate disclosures; impact confined to the sovereign debt and financial sector.
Investment Flows
Rising yields and political instability may deter foreign portfolio investment in Bolivian sovereign bonds.
Interest Rates, Inflation, and Liquidity
2031 bond yield at 10.6%; 2030 bond yield up over one cent.
Inflation already in double digits and expected to accelerate due to supply disruptions.
Fiscal or Monetary Policy
No new fiscal or monetary measures announced; however, Senate legislation to ease emergency‑state rules could affect governance stability.
