Victor Chileshe Archives - The China-Global South Project

Investors Cautiously Optimistic About Zambia Debt Deal, But Still Wary About China’s Role

Investors welcomed the news of Zambia's debt restructuring deal with a mini rally on Friday in the country's dollar-denominated bonds. Government bonds from Ghana, Pakistan and Sri Lanka also saw similar bumps prompted by new optimism their debt restructurings will follow Zambia's example.

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Investors Cautiously Optimistic About Zambia Debt Deal, But Still Wary About China’s Role