Search

Angolan Eurobonds Plunge Following IMF Negotiation Denial

Allen Dreyfus
  • Angola’s bond yields spike as government denies active IMF discussions
  • Africa-wide Eurobond prices decline in response to Angola’s announcement

Angolan Eurobonds dropped sharply on Tuesday after the government announced it is not engaged in new negotiations with the International Monetary Fund (IMF) for financial assistance, sparking price declines across Africa’s bond markets.

Recent Business

Delegates at the G20 Summit in South Africa. Photo @ G20 South Africa Flickr
G20 in a changing world: is it still useful?
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
South Africa cuts interest rates as inflation eases and rand strengthens
Read More »

Recent Politics

Delegates at the G20 Summit in South Africa. Photo @ G20 South Africa Flickr
G20 in a changing world: is it still useful?
Read More »
South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Read More »
Nnamdi Kanu (in trademark white turtle neck shirt) in court | File photo @ The Cable
Nigeria jails separatist leader Nnamdi Kanu for life, deepening tensions
Read More »

Latest Posts

Latest news insights