Emerging Markets

African Defaults Cripple Emerging Markets Debt Market

As markets rally off the back of improving economic data from Europe and the United States, problems are brewing in emerging markets, which no longer appear to be the go to growth markets for investors.

Emerging market investor sentiment reached its peak in 2013 when Mozambique issued its now infamous “tuna bond.” Maturing in 2023 the bonds were initially billed as being for the development of a fishing company, but several years later it emerged the proceeds had been used for naval vessels and other security equipment. At . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Subscribe to our mailing list

* indicates required

Opt of of ocassional 3rd party offers


Congrats! We have a limited time offer for loyal readers like yourself.

Sign up today and get three months free if you select yearly subscription

Use coupon code 3monthsfreeconfidential at checkout

Limited time offer only expires 3/31/2019 or next 30 subscribers whichever comes first – please do not share this discount with others