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Zambia Bonds Jump After 2053 Debt Buyback Tender Starts
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Zambia Bonds Jump After 2053 Debt Buyback Tender Starts

Bloomberg Markets·Ray Ndlovu, Matthew Hill·3 days ago
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#bloomberg#zambia#started#cash#tender#offer
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Zambia started a cash tender offer to buy back its $1.36 billion bond due in 2053, becoming the latest African nation to repurchase outstanding debt as governments seek to reduce their servicing costs.

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