Government plans $500m bond


Issue 220 - 18 Nov 2011 | 1 minute read

Zambia’s new government plans to capitalise on its B+ credit rating by issuing a $500m ten-year sovereign bond next year. Presenting the 2012 budget to parliament, finance minister Alexander Chikwanda said the rating from Standard & Poor’s and Fitch “has opened up the opportunity for Zambia

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