Which country has declared that it would not pay the overdue Eurobond coupon by the deadline?

  • A. Zimbabwe
  • B. Zambia
  • C. Malawi
  • D. Mozambique

Correct Answer: B. Zambia

Zambia become Africa’s first sovereign default of Africa, amidst the Covid-19 pandemic. It has recently announced that it would not pay an overdue Eurobond coupon by the deadline.

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