Gabon Dollar Bonds Worst in Emerging Markets as New Debt Issuance Raises Disclosure Questions
Gabonās dollar bonds are the worst performers in emerging markets this week following investor calls on new debt issuance plans.
Key points
- Gabonās dollar bonds are the worst-performing EM sovereign debt this week after investor calls raised disclosure concerns.
- Plans to sell new securities prompted questions about Gabonās fiscal position and debt sustainability metrics.
- Frontier EM bond risk aversion could spread to sub-Saharan Africa peer credits including Kenya, Ghana, and Zambia.
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