Kenya, Congo Eurobonds Among Top Winners From Iran War Trade Unwind
AI Summary
Kenya and the Democratic Republic of Congo have seen their Eurobond markets perform strongly, supported by falling crude oil prices. Lower oil prices benefit these African oil-importing countries, attracting investor interest in their debt securities.
Kenya and Democratic Republic of Congo are among the top performing African debt markets this month, as tumbling crude prices lure investors back to securities issued by oil importers.