Editor's note : The Financial Times (UK) reported this week that Zambia is looking to tap the bond markets. The Government is undeterred by a crumbling currency, worsening fiscal deficit and rising debt repayment costs.
Zambia plans to become the first African government to tap global capital markets in 2014, providing an important test of investor demand for the continent's debt.
Deutsche Bank and Barclays are organising meetings with investors in the US and London this week and next ahead of a probable US-dollar denominated bond sale, which would break the lull in African sovereign issuance so far this year.
[view whole blog post
]
 |
 |
 |
 |
 |
 |
|
See More
Report Abuse