Learn
Short, plain-English guides to the market this site tracks — no jargon walls, no sign-up. Start with the basics, then use the live prices to see them in action.
Basics
Why a Nigerian government bond in US dollars is a "Eurobond" — the term has nothing to do with the euro — and why sovereigns issue them.
Basics
Price versus yield, what "yield to maturity" means, and why the bid yield is higher than the ask yield — mapped to the columns on this site.
Basics
Why the same government's dollar and euro bonds yield a point apart — and why it's mostly the currency, not the credit.
Basics
Why the same Nigerian or Kenyan bond is called a dollar bond in the news and a Eurobond in the documents — and the one place the difference matters.
Reference
What a sovereign's maturity profile is, why it matters, and how to read Nigeria's ladder of dollar bonds from 2027 onward.
Reference
The public document behind every bond we track — prospectus, final terms, exchange listing or debt-office notice — for all 17 sovereigns, with the gaps marked.
One page per sovereign we track, setting out each bond's coupon, maturity, size and repayment schedule, with the public document behind every figure named at the bottom and every assumption of ours labelled as one. Live prices and yields are on each bond’s own page and on the live price page; the reference pages carry the terms.
Country reference
Angola has ten Eurobonds and we show nine. The terms of all ten, why the largest one is deliberately withheld, and the trap in assuming a bond pays interest on its maturity date.
Country reference
Five bonds, all repaying in instalments, and for four of them nobody has published the schedule. What is documented, what is not, and why that is the gap that matters most.
Country reference
Three bonds, two of them privately placed and therefore undocumented — and the story of a size we argued was wrong, three times over, and was not.
Country reference
All eleven repay in instalments, and not the same way twice — two, three, equal, unequal. The schedules, the documents behind them, and one bond nobody has published terms for.
Country reference
The Democratic Republic of the Congo sold its first international bonds in April 2026. Both repay in instalments, not in one lump at the end.
Country reference
Egypt has 21 foreign-currency bonds: 19 in dollars, 2 in euros. All are plain fixed-coupon bullets, none restructured. Terms, conventions and sources.
Country reference
Gabon has three US dollar Eurobonds. All three repay in instalments, and two were shrunk by a 2023 debt-for-nature swap.
Country reference
What Ghana's restructured dollar bonds actually are: the four live lines, their coupons, their repayment schedules, and the public document behind every figure.
Country reference
Eleven listed Eurobonds, nine of them repaying in instalments — with the schedules quoted from the Republic's own prospectuses rather than inferred. Plus a twelfth note that is not on this site.
Country reference
Morocco's twelve hard-currency bonds: six in dollars, six in euros, all plain fixed-coupon bullets. Terms, ISINs and what our tracker leaves open.
Country reference
Mozambique has one US dollar Eurobond, the 9% due 2031. It came out of a 2019 exchange, its coupon has already stepped up, and it repays in instalments.
Country reference
Fifteen bonds, every one repaying in a single payment at maturity — the only book here of which that is true. The terms, the one figure we have wrong, and a defect we reported that did not exist.
Country reference
The Republic of Congo, capital Brazzaville, has two live dollar bonds. Both repay in five equal instalments stated in the prospectus.
Country reference
Rwanda has one live Eurobond: US$620m paying 5.5%, repaid in full on 9 August 2031. Terms taken from the government's own prospectus.
Country reference
Senegal has five amortising eurobonds in dollars and euros. What the instalments mean, which schedule is confirmed and which we inferred.
Country reference
South Africa has sixteen live US dollar bonds, all plain fixed-coupon bullets running from 2027 to 2055. The terms, and one common mix-up.
Country reference
Zambia's two restructured Eurobonds: one step-up amortiser, and one whose coupon and maturity both depend on an IMF trigger that has not fired.
Information only. These guides are general educational material about how this market works. Nothing here is investment, financial, legal or tax advice, or a recommendation to buy or sell any security.