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0 sats \ 1 reply \ @glix 30 Nov 2022 \ on: El Salvador invites offers to tender for cash its 2023 & 2025 notes bitcoin
What is this exactly? ELI5 please.
The government is offering to buy back some of its bonds (debt notes) that mature in 2023 and 2025. They did the same back in September. This AP article explains it a little better: https://apnews.com/article/cryptocurrency-technology-bitcoin-nayib-bukele-el-salvador-c5a1c609dcb1d9dd265c5a404b3b757a
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