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Congo/Brazzaville returns to the markets, offering the highest dollar yield in the world - Economic Scenarios
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Congo/Brazzaville returns to the markets, offering the highest dollar yield in the world - Economic Scenarios
Africa has a new, so to speak, issuer on international markets. The Republic of Congo/Brazzaville (not to be confused with the larger DRC) has decided to resume borrowing in foreign currency for the first time since 2007. And he did it with a bang. The country has placed 670 million dollars in seven-year bonds , offering investors a yield that, at the moment, is unmatched globally on the euro/dollar market: a full 13.7% . After nearly twenty yea…
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