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Ethiopia: IMF statement implies private sector involvement can still be avoided

Tellimer Research Patrick Curran @ Tellimer Research
Patrick Curran @
Tellimer Research
25 February 2021

Ethiopia: Debt sustainability analysis paints mixed picture

Patrick Curran 4 February 2021

Ethiopia's debt restructuring plans – initial thoughts and implications

Stuart Culverhouse 1 February 2021

Fixed Income strategy: Our Top 5 picks

Stuart Culverhouse 23 December 2020

Ethiopia's GDP Statistics: Data pack and some observations

Cepheus Capital Research 18 December 2020
Latest articles in Ethiopia

Ethiopia: IMF statement implies private sector involvement can still be avoided

On 23 February, the IMF reached a staff-level agreement for the combined first and second reviews of Ethiopia’s ECF/EFF programme. As such, we will have to wait until the matter goes to the Board and the report is published before there is more clari...
Tellimer Research Patrick Curran
Patrick Curran @ Tellimer Research 25 February 2021
Ethiopia: IMF statement implies private sector involvement can still be avoided
Ethiopia: IMF statement implies private sector involvement can still be avoided

Ethiopia: Debt sustainability analysis paints mixed picture

Ethiopia’s announcement of plans to restructure its external debt under the G20’s Common Framework this past Friday took markets, and us, by surprise (see here for the announcement and here for our initial thoughts). We can then compare the outputs t...
Tellimer Research Patrick Curran
Patrick Curran @ Tellimer Research 4 February 2021
Ethiopia: Debt sustainability analysis paints mixed picture
Ethiopia: Debt sustainability analysis paints mixed picture

Ethiopia's debt restructuring plans – initial thoughts and implications

Ethiopia plans to restructure its debt under the G20's Common Framework – a new restructuring process for eligible countries with unsustainable debt that goes beyond debt service relief under DSSI – media reports said on Friday. The IMF staff report...
Tellimer Research Stuart Culverhouse
Stuart Culverhouse @ Tellimer Research 1 February 2021
Ethiopia's debt restructuring plans – initial thoughts and implications
Ethiopia's debt restructuring plans – initial thoughts and implications

Fixed Income strategy: Our Top 5 picks

We present our top strategy picks and provide a brief description of the motivation of each one. Buy on Ethiopia 6.625% 2024, which we’ve upgraded from Hold. Despite the anticipated arrival of LNG revenues later in the decade, fiscal consolidation wi...
Tellimer Research Stuart Culverhouse
Stuart Culverhouse @ Tellimer Research 23 December 2020
Fixed Income Strategy: Our Top 5 picks
Fixed Income Strategy: Our Top 5 picks

Ethiopia's GDP Statistics: Data pack and some observations

Ethiopia’s National Planning Commission recently released the final GDP estimates for the 2019-20 fiscal year that ended in June 2020. While the headline figure—of 6.1 percent real GDP growth—has been widely reported, other aspects have received less...
Cepheus Capital Research Cepheus Capital Research
Cepheus Capital Research @ Cepheus Capital Research 18 December 2020
Ethiopia's GDP Statistics: Data pack and some observations
Ethiopia's GDP Statistics: Data pack and some observations

Fixed income strategy: Our top picks for 2021

Our Top 5 picks for 2021 are Buys on Angola, Ethiopia, Mozambique, Sri Lanka and Egypt T-bills. Seven other trades to watch – Ecuador, Pakistan, Ukraine, Turkish local & credit, other HY, local currency. Global tailwinds are expected to continue into...
Tellimer Research Stuart Culverhouse
Stuart Culverhouse @ Tellimer Research 18 December 2020
Fixed income strategy: Our top picks for 2021
Fixed income strategy: Our top picks for 2021