Zambia faces default despite bondholders’ reprieve

Lusaka’s creditors want to avoid setting a precedent for other embattled sovereigns

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In this article

  • Conflicting definitions
  • IMF's hands tied
  • Assertive bondholders
  • Protracted legal dispute

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.