Mozambique dollar bond down 1 cent as govt misses loan payment – Reuters

Mozambique’s dollar-denominated bonds fell by as much as 1 cent on Tuesday as Maputo edged towards default on a loan after missing a repayment deadline. The 2023 bond which had been issued at 80 cents in early-April as part of a debt swap, traded at 76 cents in the dollar, according to Thomson Reuters data. … Continue reading Mozambique dollar bond down 1 cent as govt misses loan payment – Reuters