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Emerging MarketsAfrica

Benin launches SDG debut amid doubts over sustainability of HY EM issuance

Alamy_Benin_euro_575x375_15July2021

The Republic of Benin launched its debut SDG (Sustainable Development Goals) bond in its second international offering of the year, following a two year hiatus. Market participants say although deals like Benin’s are getting over the line, concerns are brewing over the sustainability of high yield sovereigns tapping investors so freely.

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