Hunting for Eurobonds / Jocelyne Sambira.

Format:

Book

Government document

Author/Creator:

Sambira, Jocelyne, author.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (3 pages)

Contained In:

Africa Renewal Vol. 28, no. 1, p. 30-32 28:1<30 2517-9829

Place of Publication:

[Place of publication not identified] : United Nations, 2014.

System Details:

text file

Summary:

Attracted by the prevailing low interest rates, cash-strapped African countries looking to borrow money on international private markets are increasingly turning to Eurobonds as the instrument of choice. In 2006, Seychelles became the first country in sub-Saharan Africa, other than South Africa, to issue bonds. A year later Ghana followed, raising $750 million in Eurobonds. Since then they have been joined by Gabon, Senegal, Côte d'Ivoire, the Democratic Republic of Congo, Nigeria, Namibia and Zambia.

Access Restriction:

Restricted for use by site license.