Sovereign Debt

Title card: Angola raised US$1 billion by pledging US$1.9 billion of its own bonds, with IMF Global Financial Stability Report figures.

Economy

A Government Can Raise US$1 Billion by Pledging US$1.9 Billion of Its Own Bonds. The Statistics Record the Billion.

The IMF's October 2026 Global Financial Stability Report names sovereign total return swaps as a frontier-economy risk that standard debt statistics cannot fully capture. Reported users are Angola, Colombia, Nigeria and Senegal. Five Caribbean states are absent from the dataset it used.

Oct 13, 2026 Theon Alleyne

Wire

Jamaica Borrowed US$1 Billion to Buy Back Old Bonds. Most of It Is Going to the Budget.

Jamaica priced US$1 billion of 6.25 per cent notes due 2037 on 10 September. Holders tendered about US$476.6 million of three older bonds, and the final filing puts about US$590 million of proceeds into the budget.

Sep 14, 2026 Theon Alleyne