Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Five year bond set to be priced much tighter than the development bank's last senior issue
Investors were eager to tender their bonds despite initial resistance
Inclusion of a variable rate instrument was not acceptable to official creditors
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A strong reception to a 10 year Eurobond from Tunisia this week — its first conventional bond since the Arab Spring — marks a large step towards Tunisia’s political and economic rehabilitation, said emerging markets bankers. -
The Republic of Tunisia is planning a five year dollar denominated sukuk in the third quarter of this year and is considering what assets to use, Hakim Ben Hammouda, the country’s finance minister, told GlobalCapital Emerging Markets.
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Stanbic Bank Uganda, a unit of South Africa’s Standard Bank, has signed an $85m debut loan with banks.
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A surge in RMB activity in Africa could be set to get under way soon. The Mauritius central bank recently argued that the country was ready to become Africa’s first RMB hub. Others, such as Kenya and South Africa, have already stepped up their involvement in RMB internationalisation over the past few years via FX reserves and the dim sum bond market. But so far, Chinese regulators have shied away from any official moves towards setting up clearing arrangements.
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A strong reception to a 10 year Eurobond from Tunisia this week — its first conventional bond since the Arab Spring — marks a large step towards Tunisia’s political and economic rehabilitation, said emerging markets bankers.
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The Republic of Tunisia is planning a five year dollar denominated sukuk in the third quarter of this year and is considering what assets to use, Hakim Ben Hammouda, the country’s finance minister, told IFIS.
