Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Simbah Mutasa and Sjoerd Van Hooijdonk step up from regional leadership roles
New government is seeking an IMF deal, which will likely require a debt rework
Paying off external arrears will help get an IMF deal over the line
The euro's share of EM bond funding is at its highest in a decade
More articles/Ad
More articles/Ad
More articles
-
Emerging market borrowers are flocking to the primary bond markets as ever more participants predict the US Federal Reserve will begin tapering its monetary stimulus, something that traditionally rings loud alarm bells for the asset class. -
The Republic of Senegal raised €775m on Wednesday in a deal that achieved a negative new issue premium of 25bp, according to bookrunners. Investors’ appetite for high yielding emerging market credit remains robust despite lingering concerns over developed market inflation and central bank tapering.
-
Senegal entered the bond market on Wednesday with a euro offering, as a string of African sovereign issuers are expected to raise cash from international investors in the coming weeks.
-
Several sub-Saharan African sovereigns are set to storm bond markets in the coming weeks, driven by expectations that credit conditions later this year may be less conducive to issuance amid a potential tapering of financial support, bankers say.
-
Senegal and Cameroon mandated banks this week to bring them back to the debt capital markets. Despite wide uncertainty about African sovereign debt restructuring, market participants said credit conditions were conducive to issuance.
-
South African bank Investec is inviting Asian lenders to join a $450m sustainability-linked loan that is being syndicated globally.
