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In the News

Ethiopia sells $1bn worth of government bonds in capital raising

Geoff Riley

5th December 2014

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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.

Read: http://blogs.wsj.com/frontiers/2014/12/04/ethiopia...

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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