Yields on Mozambique’s Eurobonds jumped to a record after the cash-strapped nation said it won’t honour a $178 million debt-interest repayment that’s due next week for a previously undisclosed loan extended to a state-run company. The southeast African country holds total public debt of $11.64 billion, of which $9.85 billion is owed to foreign investors, … Continue reading Mozambique bond yield Jumps to record on debt-payment default