Tag: Eurobonds
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Africa’s Cost of Borrowing is Orders of Magnitude Higher Than the Rest of the World
To understand why African finance leaders are so determined to avoid a default on their Eurobond debt all you have to do is look at the current interest rates that many of the continent's largest economies are paying for their government bonds.
Chinese Concessional Loans are Going to Look a Lot More Attractive to African Borrowers Now that Eurobond Interest Rates Are Going Through the Roof
The cost of borrowing money for a number of African governments is skyrocketing amid the worsening global economic crisis brought on by the COVID-19 outbreak and the implosion of the OPEC+ alliance. Under normal circumstances, investors, particularly those in the Eurobond ...