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African Governments Have Developed a Taste for Eurobonds - Why It's Dangerous

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[The Conversation Africa] International financial markets have opened a window for African governments to diversify their funding sources from traditional multilateral institutions and foreign aid. For example, they can now borrow through issuing Eurobonds - these are international bonds issued by a country in a foreign currency, usually in US dollars and euros.

Source: allAfrica.com

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