Ivory Coast picks sharpest funding tool in sub-Saharan box

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Ivory Coast picks sharpest funding tool in sub-Saharan box

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Ivory Coast is using the strong investor bid for sub-Saharan Africa to fund in euros, to which its currency is pegged, and to reduce its dollar liabilities with a buyback. The deal is the latest example of borrowers from the region making smart use of the larger box of funding tools now available to them.

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