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Emerging MarketsAfrica

Investors euro-phoric as Côte d’Ivoire pays to open new market

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Côte d’Ivoire broke new ground on Thursday with the first euro-denominated trade from a sub-Saharan borrower outside of South Africa. Though the borrower paid up substantially over its dollar curve, it succeeded in its intention to open the market for itself, and for its peers, said bankers on the deal.

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