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Sovereign bonds

The Bank of Uganda's headquarters in Kampala
Sovereign bonds

February’s bond rally fades as 10-year yield jumps 100 basis points

Uganda's 10-year bond yield rose a full percentage point in two months, partially reversing February's contraction even as investor demand hit exceptional levels
Abidjan's central business district, with the headquarters of the African Development Bank visible

Coronavirus profiteers: Protecting Africa from vulture funds

Some $117 billion of Sub-Saharan African countries’ roughly $150n in long-term debt to private creditors is in the form of bonds, with debtor countries owing the bondholders about $8bn per year. But markets are clearly not confident that these countries will meet their obligations

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