In the News
Ethiopia sells $1bn worth of government bonds in capital raising
5th December 2014
First Kenya with a $2bn dollar bond issue, now Ethiopia has successfully concluded a $1bn dollar bond sale yielding just over 6%. Consider the possible implications of this - a growing number of SSA sovereign governments are going to the international bond (capital) markets to raise finance for capital projects. Investor demand is strong - high yields are attractive but there are risks as well.
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