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Emerging Markets

Gabon’s record breaker sparks hopes of African supply in 2014

Gabon capital Libreville author Bajan28

Gabon issued the largest ever frontier market bond from sub-Saharan Africa on Thursday on the back of strong outperformance by regional sovereigns over their emerging market peers since the summer. But whether the trade will lead to a feast of sub-Saharan African sovereign bonds is debatable, writes Lucy Fitzgeorge-Parker.

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