News

OTP Bank makes triumphant Eurobond return

Hungary’s largest bank OTP returned to the international benchmark bond markets for the first time in more than a decade in July, with the bank able to take advantage of a highly receptive audience to place a solid €500mn subordinated trade. 

Better days for Ghana

The world’s fastest growing economy is benefiting from increased oil production and comprehensive banking reforms. However, public debt levels remain a key concern particularly with an election approaching.

Benin latest African sovereign debt debut – for now.

The Republic of Benin became the latest African sovereign to debut in the international bond markets in March followed quickly by frequent issuer Ghana. Bankers working in the West and Central Africa region anticipate that over the medium term more borrowers from the region will access international capital markets.