Ethiopia looks set to miss an interest payment due later on Monday on its December 2024 dollar bond, becoming the latest emerging-market sovereign to default on debt.<\/p>\n
The country\u2019s finance ministry said on Friday, it was \u201cnot in a position to pay\u201d the $33 million coupon because of the nation\u2019s \u201cfragile external position.\u201d It added that \u201crestricted discussions\u201d it had held with a group of bondholders had thus far been unsuccessful. [\u2026] CONTINUE READING <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Ethiopian Eurobond Surges as Investors Await Bondholder Call Bloomberg<\/p>\n","protected":false},"author":1,"featured_media":468261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-468211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopian-Eurobond-Surges-as-Investors-Await-Bondholder-Call.jpg?fit=1280%2C853&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1XNN","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/468211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=468211"}],"version-history":[{"count":5,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/468211\/revisions"}],"predecessor-version":[{"id":468262,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/468211\/revisions\/468262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/468261"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=468211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=468211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=468211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}