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Angola plans to tab global markets in $1.5bln bond sale

Angola looks likely to tab the global debt markets as early as this week in its debut $1.5 billion sale of sovereign debt. The country has been rumored to be holding a debt sale several times in the last few years, but this occasion in the first time an official roadshow has been held. Maturities and price have not been reported, but investor interest is likely to be buoyant given the lack of debut sales and the Federal Reserve’s decision to further delay the expected interest rate rise in the United States.

Read more at Financial Times…

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