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Angola Delays Plan to Sell Eurobond, Turns to Domestic Borrowing

Angola Delays Plan to Sell Eurobond, Turns to Domestic Borrowing

Bloomberg15 hours ago
Angola delayed a plan to sell eurobonds this year, citing market volatility that's undermined investor confidence.
Authorities held a global roadshow earlier this year, which indicated favorable conditions for a sale in April or May, Dorivaldo Teixeira, director general of the Ministry of Finance's debt management unit, said at a conference in Luanda, the capital, on Tuesday. But rising geopolitical risk and falling oil prices prompted a rethink, he said.
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