The sovereign is returning to international markets as emerging-market borrowers step up issuance, combining a liability-management exercise with a fresh global bond offering.
Honduras has started a bond buyback and is preparing its first new global debt issuance since 2024, marking its return to international borrowing amid a broader wave of emerging-market issuance. The move pairs a liability-management exercise with a planned bond sale, a common sovereign financing approach used to refinance debt, manage maturities and potentially improve funding flexibility.