Episode 51: Rising Eurobond Yields

In this episode recorded on 27.04.2023, we host Mark Bohlund, Senior Credit Research Analyst at REDD Intelligence, to discuss Kenya's rising Eurobond yields and the impact on Kenya's bid to raise a Eurobond next year.We also cover the sell-off in the market, the likelihood of defaulting on the upcoming Eurobond payment, and strategies for managing maturing Eurobonds.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:02:54 Eurobonds00:05:09 Taping into The Eurobond Market00:06:21 Rising Yields on the Kenya Eurobond00:09:55 Drivers for Market Sell-Off00:11:28 Managing Maturing Eurobonds00:18:47 Likelihood Of Default00:24:16 Challenges in Borrowing in the Domestic Market00:30:39 Tanzania Getting into the Bond Market00:38:53 Uganda's Domestic Market00:43:41 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe