Africa Bonds
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Recent burst of new issuance could prove to be false dawn
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African sovereign was one of two issuers to revive CEEMEA bond supply following the invasion of Ukraine
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Bankers had suggested any dovish tilt from the Fed would lead to new EM issues
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EM issuers are ready to return to the market if Fed pauses but also need positive Ukraine news
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We can’t know yet whether borrowers are right to issue in tricky markets
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Pan-African telecoms firm managed to price its bond at tighter end of guidance
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Nigerian state-owned bank took more than €1bn of orders on maiden visit to bond market
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Nigerian debutant takes rare euro path as EM primary market brightens
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Borrowers push on but can't pay up much more, say bankers
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Hope prevails that inflation shock will ease by Monday
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'Hairy' deals risk missing out as investors have tough time keeping up