Public Debt Symposium: Strengthening local-currency debt markets

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While debt levels in Africa remain sustainable they are rising, with most of the debt in foreign currency. With higher interest rates and stronger currencies expected in the Eurozone and United States, countries face refinancing risks and higher debt-service costs.

This symposium will focus on the development of local-currency bond markets, providing a learning and peer-exchange platform for public debt managers to interact with market participants.

The strengthening of local-currency debt markets will increase the financing options available to governments and increase the choice of assets available to investors. 

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