Africa Bonds
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Africa’s first covered bonds could appear in the coming months
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The country's first election since a military coup has passed peacefully
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Markets may not be shut for too long, and African sovereigns have managed debt well
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The country's ruling coalition may be about to fall apart
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Rout of African bonds 'horrific', said one banker
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Africa and the Gulf will suffer most in a global recession, rather than from direct tariff pain
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Trump's 'Liberation Day' tariff announcements are due on Wednesday
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There was no new issue premium when the $1.75bn dollar bond priced on Tuesday
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The country has a 'big following' from investors
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Country's curve has been 'bulletproof' compared with other African sovereigns
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Debt levels were far higher than reported under the previous government, as was the deficit