Frontier Daily, 13 September: Zambia, DomRep rally, losses in Ecuador, Armenia
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Zambia eurobonds up 4.3% on copper mining news, offering export upside and potentially making private debt deal easier
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Ecuador eurobonds down 3% after front-runner Noboa floats plans to tap cUS$1.5bn of reserves to fight El Niño impact
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Armenia eurobond OAS +24bps on escalating Azerbaijan tensions – countries accused each other of firing on outposts
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
The Analyst certifies that the views and forecasts expressed in this report accurately reflect their personal views about the subject, securities, or issuers specified herein. In addition, the Analyst certifies that no part of their compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in this report.