Tighter liquidity a backbone for the Kwacha on payroll conversions, secondary market trading muted DOLLAR BONDS: Yields on African Eurobonds widened 8 basis points with Zambia’s bonds 22 bps higher. Dollar bond movement was…
Kwacha resilience, inflation to ease, liquidity remains tight INFLATION: Expectations are of a marginal ease, realigning back with the 6-8% corridor for June supported by currency appreciation. Risks…
