Capitalmarket

Informal international bondholders have reportedly proposed that Ethiopia delay the repayment of its $1 billion bond until 2024. According to Reuters, It has been suggested that the last period of the bond be 2029 or 2030, and the Ethiopian government has not responded to them regarding the issue. This extension is said to save Ethiopia from the large amount of money it is expected to repay at the end of the year, which is said to enable it to repay 200 million dollars annually in the last five years. It is stated that the Ethiopian government, which has not yet…