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Emerging MarketsAfrica

Benin euro bond prelude to more Africa issuance

AdobeStock_Beninmap_575x375_06Jan2021

The Republic of Benin on Tuesday launched a euro bond, its second entry into international markets since its debut in 2019. Bankers on the deal believe the bond is the beginning of a surge in sub-Saharan African issuance, with other sovereigns including South Africa and Nigeria also expected to enter the bond market in the coming months.

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