December 2014

LONDON (Reuters) – Ethiopia has begun marketing its debut, 10-year Eurobond with a yield of 6.75 percent, Thomson Reuters news service IFR reported on Wednesday, the latest African sovereign to make a foray into the international debt markets. Ethiopia has said the funds would be used to finance new infrastructure for the Horn of Africa …

Ethiopia starts marketing debut Eurobond with 6.75 pct yield:IFR Read More »

(Financial Times) Every country tapping the global sovereign bond market details the dangers investors face in its prospectus, often in a boilerplate section enumerating possible problems – such as fiscal deficits or taxation issues – that is largely ignored. But the document sent by Ethiopia to international investors ahead of its foray into the global …

Ethiopia issues unfamiliar investor warning over war and famine Read More »