El Salvador bought $85 billion in U.S. bonds while seeking IMF loan, Tone Vays notes

El Salvador bought $85 billion in U.S. bonds while seeking IMF loan, Tone Vays notes
El Salvador U.S. bond data anomaly

Tone Vays has identified a significant anomaly in the U.S. bond holdings data related to El Salvador.

He points out that El Salvador, a country reportedly in need of a $1.4 billion IMF loan and with no previous record of holding U.S. debt, was recorded as purchasing $85 billion in U.S. bonds in the same month. Vays raises this discrepancy and seeks an explanation.

Vays has previously drawn attention to Bitcoin.com’s move to offer increased miner rewards in July 2017 to counter competing network upgrade efforts. He has also stated that the Bitcoin network remains at risk from repeated attacks. His recent comments on El Salvador’s U.S. bond data follow a pattern of highlighting outlier events in global finance.

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