Bonds on the Brink Reward EM Investors With Double-Digit Returns
Bloomberg | July 10, 2023
Pankaj Bukalsaria, Director – IB, Acuity Knowledge Partners on his interview with Bloomberg recently shared that the Zambia deal ‘is a significant turning point’. The deal is a significant victory for Zambia, which has been struggling to repay its debts for several years. It is also a breakthrough for the G20 Common Framework, which was created to help countries restructure their debts in a fair and orderly manner.
‘This deal has opened up the possibility and practicality of negotiating similar agreements with creditors, even in cases of large debts and challenging economic situations.’, he contributes.
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