Zimbabwe bonds, African sovereign bonds, Zimbabwe risk premium, bond yields Africa, George Guvamatanga, Mthuli Ncube, IMF programmes, debt management, African capital markets
When Confidence Returns: Can Zimbabwe's Bonds Ever Price In Reform?
Every minister says “markets will recognise our reforms.” Bond traders don't listen to speeches; they watch cashflows, politics and discipline. Zimbabwe’s Treasury wants its reset to show up in yields. This is what must change before that can happen.