We hosted a presentation for Tellimer Insights Pro clients this week following the publications of our 2023 top picks and outlook, and 2022 review.
Our Top 5 picks comprise Buys on hard currency sovereign bonds in Ghana, Mozambique, Nigeria, Pakistan and Tajikistan.
Four of these Buys (Ghana, Mozambique, Nigeria and Pakistan) are unchanged from our last update in July. We make one change this time around: in comes Tajikistan, out goes Uzbekistan.
We also highlighted seven other trades to watch, or themes, for the year ahead, namely Argentina, Ukraine, Venezuela, Rwanda, sovereign default risks, restructuring plays in Sri Lanka and Zambia, and local debt plays in Uganda and Zambia.
For the full client presentation on the outlook for fixed income and more detail on our Top 5 picks and trades to watch, click on the "Download" button.