Eurobonds

EconomyPolitics & Policy

African finance ministers shouldn’t be getting involved in bond deals – that’s what the experts are for!

Recent developments show that most eurobonds owned by African countries have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks
Seedlings growing on coins, in soil medium
Opinion

African countries are not good at issuing bonds, which means the cost of debt is higher than it should be. What changes are required?

African countries face a puzzling paradox: although they are paying more for the debt they are raising, demand for these bonds is much higher than supply - often oversubscribed by over five times.
Various currency notes of African countries are seen in this photo