Naira Set for Worst Year Since 1999 With No Rebound in Sight bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Kenya made an interest payment on its eurobonds maturing in June on schedule, according to Danske Bank Asset Management, triggering a rally in the bonds.
(Bloomberg) Emerging-market bonds and currencies have powered ahead this month on optimism over the Federal Reserve’s pivot to interest-rate cuts. Falling oil prices are set to deliver a further boost.Most Read from BloombergNetanyahu, Under Pressure Over Hostage Deaths, Vows to Press On‘Underwater’ Car Loans Signal US Consumers Slammed by High RatesUS Navy Shoots Down 14-Drone Wave as Shippers Avoid Red SeaMike Johnson May Be the Next House Speaker to Lose His JobWall Street’s China Stock Bu
Oil Boon Will Add Extra Zip to Rally in Emerging-Market Assets bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Ethiopia’s government aims to conclude a deal with bondholders early next year on the terms of a restructuring of a $1 billion eurobond that it declined to make a coupon payment on this month, according to investors who participated in a call with Finance Ministry officials on Thursday.Most Read from BloombergCiti Shuts Muni Business That Once Was Envy of RivalsOwner of the Philippines’ Largest Malls Says China Feud May Hurt BusinessesRange Rovers Become Thief-Magnets, Causing Pri