Macro Analysis /

Ugandan bonds rally after the government secures a 3yr IMF financing package

  • Headline inflation in Tanzania came in unchanged from the previous month at 3.3% y/y in May

  • The main event this week is Uganda’s sovereign debt rating by S&P on Friday evening

  • Ugandan bond yield plunge after the IMF announced that it has agreed on a staff level to a 3-year $1bn financing package

Kieran Siney
Kieran Siney

Head of African Markets

ETM Analytics
8 June 2021
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