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Few sub-Saharan African issuers have issued Samurai and fewer without a guarantee
Break-up with Fitch over downgrade has not put off investors
Book attrition rates rise and coverage ratios decline
New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
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Source: Business News Americas
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The Gulf Bond and Sukuk Association (GBSA) this week released what it claimed was the first detailed compendium of the nascent markets for local currency government-issued instruments in the Gulf region.