Africa Bonds

Interest rate cuts mean spirits are high in the CEEMEA primary bond market after it recovered a semblance of normality in 2024. But Donald Trump’s election as the next US president has added uncertainty to the trajectory of interest rates, throwing borrowers and investors a curveball, write George Collard and Francesca Young

New faces will join those that need to refinance existing bonds

Variation over fair value calculations but deal still performs

The well-flagged deal will 'fly', said one observer

There was no clear reason why local banks were not picked, sources said, for first time in 17 years

Local banks play a vital role for the country in both domestic and international capital markets

Second African telecom tower owner to issue bond this year

New issue premium estimates ranged from 'minimal' to 35bp

For the first time in 17 years, no South African banks are involved in an overseas sovereign trade

Central African country plans to pay with local currency

Books were nearly double the $300m deal size

It has been nearly three years since last corporate bond debut on the continent