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Ghana, Kenya and Nigeria to tap markets in 2021 as frontier debt springs back to life

By Reuters Staff
2 Min Read
LONDON, Dec 22 (Reuters) - Sub-Saharan African governments will return to international capital markets in 2021 with Ghana, Kenya and Nigeria to issue bonds as investors once again are expected to embrace more risk, the Institute of International Finance said.
Emerging market bond issuance has sprung back to life after the fallout from the coronavirus pandemic roiled global markets in the spring and saw bond sales from many developing nations grind to a halt.
Yet frontier markets - smaller and often riskier emerging markets - had still some catching up to do, the IIF said in a note to clients. ....

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