Ugandan Bonds Can Bounce Back From World Bank Funding Setback

A surge in yields on Uganda’s local-currency debt spurred by the World Bank’s decision to halt new loans in protest at new anti-LGBTQ laws may reverse as global sentiment improves and the government unveils new sources of financing, according to Absa Bank Ltd. #press

https://www.bloomberg.com/news/articles/2023-08-24/ugandan-bonds-can-bounce-back-from-world-bank-funding-setback?utm_source=press.coop

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