Sovereign Analysis /
Zambia

Zambia: IMF agreement is crucial first step

  • Zambia reached a staff-level agreement for a 3-year IMF programme on 3 December

  • Board approval pending official sector financing assurances and sufficient progress with private sector debt talks

  • Positive step towards reform/restructuring, but eurobonds still overpriced; retain Sell eurobonds / Buy local debt

Zambia: IMF agreement is crucial first step
Patrick Curran
Tellimer Research
7 December 2021
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