Zambia Debt Deal Spurs Rally Across Distressed Emerging Markets

Published on: Thursday 22 June 2023

(Bloomberg) -- Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s precedent-setting deal with bilateral creditors.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionFive-Star Hotel Guest Leaves Without Paying After 603-Night StayThe Big Names That Got Backstop for Billions in Uninsured SVB DepositsThese Are the World’s Most (and Least) Liveable Cities in 2023US Navy Detected Titanic Submersible’s Implosion Day

News source: https://finance.yahoo.com/news/zambia-debt-deal-spurs-rally-094441093.html

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Zambia Debt Deal Spurs Rally Across Distressed Emerging Markets