Citi Turns Bullish on Zambia Debt as Election Heralds Upgrades

Citigroup Inc. plans to go long on Zambia’s bonds as it sees the copper-producer to be in line for credit upgrades after recent elections.

By Ray Ndlovu and Mpho Hlakudi · Bloomberg Markets

Citigroup Inc. plans to go long on Zambia’s bonds as it sees the copper-producer to be in line for credit upgrades after recent elections.