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Originally published by The Standard BusinessJuly 28, 2026
7h ago
Afreximbank returns to US dollar bond market with $1.5 billion

African Export-Import Bank has raised $1.5 billion in its largest-ever bond issuance, marking a triumphant return to the US dollar public market after a five-year absence...
✨ Key Highlights
The African Export-Import Bank (Afreximbank) has successfully returned to the US dollar bond market, raising $1.5 billion in its largest-ever bond issuance and signaling strong investor confidence in African credit.
- The issuance comprises two tranches: $750 million due January 2032 and $750 million due July 2036.
- Afreximbank, a multilateral lender promoting intra- and extra-African trade, achieved final yields of 6.25% and 7.125% respectively for the notes.
- The deal was oversubscribed, attracting demand of $3.8 billion in a challenging global market context, highlighting investor appetite for well-regarded African credits.
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