Author Topic: Government to redeem half of Eurobond this year.  (Read 382 times)

Offline Higgins the genius

  • VIP
  • Superstar
  • *
  • Posts: 223
  • Reputation: 337
Government to redeem half of Eurobond this year.
« on: June 26, 2023, 01:28:04 PM »
https://www.businessdailyafrica.com/bd/economy/treasury-plots-to-dodge-sh280bn-eurobond-bullet-payment-4283534

Offline RV Pundit

  • Moderator
  • Enigma
  • *
  • Posts: 37009
  • Reputation: 1074446
Re: Government to redeem half of Eurobond this year.
« Reply #1 on: June 26, 2023, 03:19:51 PM »
Why not wait and see how global economy will look
Doesnt look like prudent way to use dollars.

Offline Higgins the genius

  • VIP
  • Superstar
  • *
  • Posts: 223
  • Reputation: 337
Re: Government to redeem half of Eurobond this year.
« Reply #2 on: June 27, 2023, 09:44:21 AM »
Why not wait and see how global economy will look
Doesnt look like prudent way to use dollars.

I think they want to avoid paying a Lumpsum when it Matures Next year.