Tuesday, June 12, 2007

Zambia May Get Debt Rating in Three Months, Central Bank Governor Says

(Bloomberg) -- Zambia, Africa's largest copper
producer, may get a credit rating within three months, enabling
the government and private companies to sell bonds to
international investors, the central bank governor said.

``It will be before the end of the year, that's for sure,''
Caleb Fundanga, the Governor of the Bank of Zambia, said in a
telephone interview from Lusaka yesterday. ``It may even be
before the end of the third quarter.''


Read more at Bloomberg Bonds News

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