November 6, 2018 / 8:59 AM / 7 days ago

Mozambique dollar bond jumps 7 cents after Maputo announces restructuring deal

LONDON, Nov 6 (Reuters) - Mozambique’s dollar-denominated sovereign bond jumped 7 cents on Tuesday after the finance ministry announced it had reached agreement in principle on a debt restructuring with its Eurobond holders.

The 2023 issue traded at 90.02 cents, according to data from MarketAxess. (Reporting by Karin Strohecker Editing by Jamie McGeever)

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