Senegal is likely to issue a $500 million 10-year Eurobond this year at an interest rate of about 6 percent, the International Monetary Fund said in a report on Tuesday, though market watchers said the yield might have to be higher. The IMF said the bond would enable the West […]
Tag: International Monetary Fund
Mozambique Still Amongst World’s Poorest Countries-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Mozambique is still amongst the world’s poorest countries, David Lipton; First Deputy Managing Director (DMD) of the International Monetary Fund (IMF) said this on Monday at Universidade Politécnica, Maputo, while delivering a topic “New Opportunities and New Risks: Prospects for Sub-Saharan Africa and Mozambiqueâ€ÂÂ. “Mozambique […]
IMF Publishes Revised Guidelines for Foreign Exchange Reserve Management
Press Release The Executive Board of the International Monetary Fund (IMF) endorsed the Revised Guidelines for Foreign Exchange Reserve Management on February 13, 2013. Application of these guidelines should strengthen the international financial architecture, promote policies and practices that contribute to stability and transparency in the financial sector, and reduce […]
