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Ivory Coast Raises $336 Million in Its First Samurai Bonds

Ivory Coast Raises $336 Million in Its First Samurai Bonds

Bloomberg4 days ago
Ivory Coast has raised 50 billion yen ($336 million) in Samurai bonds, the country's first, as it moves to diversify financing sources.
The 10-year bond, which makes the world's top cocoa producer the only sub-Saharan African sovereign with a current Samurai, was issued at a coupon of 2.3%, the Finance Ministry said in a statement Thursday.
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