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Secondary market selling of private bonds may be wreaking havoc with the primary market for public debt but the trades were still the right thing to do
Sovereign's $3bn deal tightens well as Asian demand returns
The sovereign's public and private bonds of similar maturities are trading over 25bp apart
Data
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Few sub-Saharan African issuers have issued Samurai and fewer without a guarantee
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Market is in good shape, but will not stay that way if war drags on over summer
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Investors are still around and issuers can get ahead of the September rush
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Issuer has the country's longest tier two curve
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Break-up with Fitch over downgrade has not put off investors
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The sovereign has finished international funding for 2026
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa