AfDB and NDB prep dollars as undersupply overrides vol

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AfDB and NDB prep dollars as undersupply overrides vol

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a lot of money - a million US dollars in cash | Ieva Geneviciene/Ieva Zigg - stock.adobe.com

African Development Bank and New Development Bank will add to the week’s dollar SSA bond supply on Thursday. The lack of issuance in the currency in June is helping to boost sentiment in the market despite a rocky rates backdrop.

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