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Ethiopia Bond Rallies as Restructuring Limits Haircut to 15%
Market Intelligence Analysis
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Why This Matters
Ethiopia's eurobond has rallied after the government offered a 15% haircut on the defaulted $1 billion note, limiting the loss for bondholders.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Ethiopia’s sole eurobond rallied almost 3 cents on the dollar after the government offered bondholders a relatively modest 15% haircut on the $1 billion note it defaulted on two years ago.
Original article published by
Bloomberg
on January 5, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.