Zambia Bought Back $1.36 Billion of Debt Three Decades Early. Here’s Why.
A bond buyback most Zambians never heard about is reshaping how banks read the country's finances, and it says as much about copper as it does about debt.
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A bond buyback most Zambians never heard about is reshaping how banks read the country's finances, and it says as much about copper as it does about debt.
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Zambia bought back a US$1.36 billion bond with an AfDB loan and committed US$275 million in savings to the power grid. A world first - explained, with the criticisms.