Mozambique rallies despite ‘surprise’ loan
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Emerging MarketsAfrica

Mozambique rallies despite ‘surprise’ loan

Tuna Fotolia 230x150

The Republic of Mozambique’s new 2023 sovereign bonds, the result of a debt exchange of bonds sold by the state owned tuna fishing company Ematum, rallied around 20 points in the secondary market on Thursday, despite complaints over a ‘surprise’ loan.

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