Zambian Dollar Bonds Rally After S&P Removes Default Status
Zambia’s dollar bonds rose after S&P Global Ratings ended its default rating for Southern African country, five years after it became the continent’s first pandemic-era sovereign defaulter.
By Ray Ndlovu · Bloomberg Markets
Zambia’s dollar bonds rose after S&P Global Ratings ended its default rating for Southern African country, five years after it became the continent’s first pandemic-era sovereign defaulter.