Frontier Daily, 20 November: Milei election win, Cameroon IMF, Zambia losses
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Outsider Milei wins Argentine presidency by 11ppts – deep spending cuts likely, dollarisation possible
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Cameroon eurobonds surge 1.6% on IMF deal news, potential US$72.7mn disbursements; Fitch outlook revised to negative
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ZAMBIN '24s and '27s drop 4.4% as restructuring talks stall; official creditors, bondholders at odds over concessions
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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").
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