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Africa’s Eurobond issuance slows

As U.S. rates tighten and raise the costs of paying back dollar-denominated debt, African governments will likely curtail foreign currency bond sales in the coming months. While African nations sold a record $16 billion in Eurobonds in 2014, sales this year have been slow as rising yields and struggling commodity prices and currencies dampen appetites for new issuances.

Read more at Bloomberg…  

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