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Zambia launches US$1.3bn Eurobond buyback as debt strategy enters new phas
Government has launched a tender offer to repurchase part of Zambia’s long-term Eurobond obligations in a move officials say will strengthen public finances, reduce future debt pressures and support strategic investment priorities following the country’s debt restructuring programme. The operation targets a Eurobond maturing in 2053 and forms part of a broader debt management strategy that authorities describe as the next phase of Zambia’s effort to rebuild fiscal stability after years of financial distress and complex negotiations with international creditors. [...]