Ethiopia: In-Depth – Ethiopia’s Bond Bust: a Decade From Darling to Default
January 5, 2024
[Addis Standard] Addis Abeba -- A decade ago, Ethiopia's debut on the international bond stage sparked a frenzy among investors with its inaugural $1 billion Eurobond issuance--a daring move with a 10-year maturity and an enticing 6.625% coupon rate.
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