News Gabon Dollar: UPDATE 5-Gabon coup triggers dollar bond slump, raises funding questions for region
Gabon's military coup sparked the steepest daily drop in its dollar bonds on Wednesday since the height of the COVID-19 pandemic and came just weeks after the country carried out continental Africa's first debt-for-nature swap. A group of senior military officers in the Central African nation announced on TV in the early hours of Wednesday that they had taken control, minutes after the state election body announced that President Ali Bongo had won a third term. The country's bond due for repayment in 2025 fell the most, by as much as 14 cents, before recovering to end the day down almost 8.5 cents on the dollar at 85 cents.
News Gabon Dollar: Gabon Dollar Bonds Slide After Fitch Downgrade Deeper Into Junk
(Bloomberg) -- Gabon’s dollar bonds fell for the first day in 10 after Fitch Ratings downgraded the country deeper into junk.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Billionaire Developer Caruso Slams LA Leadership Over WildfiresThe extra yield investors demand to own the country’s dollar debt r
News Gabon Dollar: Dollar General opens in Cherokee County
A new Dollar General store has opened in the Canton area. The store is located at 105 Providence Walk Drive near Canton. Dollar General stores sell household essentials including food, cleaning ...
