BOND AMBITION

摘要

Confidence is growing among bankers in Luanda and London that Angola will finally be able to achieve its long-held ambition of raising money on the Eurobond market, and hopes are being pinned on September. The market is hoping that, providing the ratings agencies back their positive comments about the performance and management of the Angolan economy with a strong rating, it will be possible to raise at least $500m, that the bond will qualify for indices such as the JPMorgan Emerging Markets Bond Index and there will be significant demand from investors hungry to take on more African sovereign debt.