IMF deadlock makes Zambia’s bonds the worst in emerging markets

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IMF deadlock makes Zambia’s bonds the worst in emerging markets

*Investors beginning to doubt Zambia will secure IMF bailout *Government fired finance minister, who was key to debt talks 20 February 2018, London — It’s been a bad start to the year for Zambia. Its Eurobonds are the worst-performing debt among emerging-market sovereign issuers, having lost 5.8 percent, according to Bloomberg indexes. On Monday, the …

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