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Yamba Dispels Speculation On US$1.25Bn Eurobond
Yamba
Secretary to the Treasury Fredson Yamba has told Qfm News in an exclusive interview that government in fact targeted to issue a Eurobond of between US$1 Billion and US$1.5 Billion.
Mr Yamba says government however opted to issue US$1.25 Billion Eurobond with a coupon at the conclusion of its Road show after the final book for the bond reached US$2.5 Billion.
Yamba
Mr. Yamba says this was from more than 175 investors.
He states that the redemption of the US$1.25 billion Eurobond is also in three installments in July 2025, July 2026 and July 2027.
The Secretary to the Treasury says Zambia’s debt therefore has not reached the 40 percent of GDP.
He states that there is a debt sustainability analysis to this effect in which it has been determined with a high degree of certainty that government will be able to pay interest rates for borrowed funds when they fall due.
Mr. Yamba says government does not further see any encumbrances in repaying the three Eurobonds when their redemption is due.
He adds that there are a number of modalities government is looking at which include establishing a sinking fund as well as the option of refinancing the Eurobond.
Posted by
kakolwe
July 30, 2015 at 1:26 pm
Where is this rumour from? Who is the rumour monger? I hope it is not that puffed up egocentric politician! He enjoys ridding on halftruths as though Zambia owed it to him to learn the actual truth. Thanks Yamba for the clarity of the explanation!
Hello Haters
July 31, 2015 at 7:11 am
Finshi filekalipa mune? You on a crusade to tarnish the image of one kachema, you talking about him imu bwaila nomu bwachela, relax mune, go find a health center bakupeleko umuti, tension coupled with hate iyo you end blowing your own head.
Kwati like so
July 30, 2015 at 1:41 pm
Ba kolwe u sound so sure of getting facts. Yamba ayamba ukubomfya language totally away from reality. Can even c from the usa dat Zambiaz economy is at its weakest !
kakolwe
July 30, 2015 at 6:30 pm
Hi! Kwati Like So! Where have you been? Still in denial? By 2021, you’ll have replaced the big headed braggart & the big bellied skit will have been chased due to his confusion philia. That will be an epic ba0ttle. Apa nikukolopa cabe!
Shaka Zulu
July 30, 2015 at 1:42 pm
I like the payment period. This money will be paid back by the UPND after winning in 2025 just after taking over govt in 2021.
Mundetele
July 30, 2015 at 2:31 pm
Shaka, that is very correct! They should start factoring into their manifesto the repayment as it will surely be them in power.
We know when UPND will take over power, that is why we usually tell them “ukukosa bane”.
tutu
July 30, 2015 at 2:34 pm
aaaah(yawning) boring.. the article is tooooooooo long
Muntu wakuda
July 30, 2015 at 2:36 pm
Ba chimbwi no plan at its best.
Chitomba mabwe
July 30, 2015 at 6:55 pm
The bolowing realy comfirms how bankrupt zambia haz become
observer
July 30, 2015 at 10:36 pm
yeah upnd will come and pay this nkongole,us pf will do the borrowing that’s so.
Kwati like so
July 31, 2015 at 12:49 am
Working on something mune, wil b coming there for a 2 months break. Likely going to put a ka number there so dat we can link up. Wil b there also to meet one great kachema. Guday oooooh nyt nyt there !
Hello Haters
July 31, 2015 at 7:16 am
Ilyashi lyaka nicki minerjotual, epolili few words more boobs, hi long time.
abakali bakali
July 31, 2015 at 7:43 am
Quoting…Repressed Homosexuality By Debra Sutton
Repressed Homosexuality can lead to abuse when a gay man targets and marries a straight woman. The gay husband suffers from shame, denial, and repression of his true sexual identity. Most gay men who marry will never admit they are gay. Repression can lead to impotence with women. You may find yourself in therapy, marriage counseling, and your husband is having his testosterone levels checked. It is common for closeted gay husbands to suffer from guilt and self loathing, as his same-sex attractions continue. They are angry and resentful. You will never be able to do anything right in their eyes. You are confused. You tried to help as they suffer from depression,alcoholism, or both. The doctor changes or adjusts their antidepressants. Nothing works. They may have legal problems due to alcohol and drugs, this leads to more depression. The wife will also start to suffer from depression. Her psychiatrist will prescribe antidepressants and maybe some tranquilizers. Her confusion continues as she tries to make sense of this marriage. The women who marry these men are the most giving, and forgiving women. They have the biggest hearts.
These men who hate themselves, have nothing to offer in this fraudulent marriage. The wife becomes the target of all of his anger. My gay ex told me I was the closest one to him. He told me this is why I was on the receiving end of his anger, Lucky me! He lacks empathy, because he is so full of his own pain. He simply does not have room to care for you. He will intentionally cause you pain, he also seems to take some pleasure in this. This is because he resents you. His fear and shame prevent him from living an authentic life. He feels pressure to appear straight, what he feels the norms of society expects, this is why he marries. There is more to this, something in his core is disgusted by what he is. He is not comfortable in his own skin. He grows to resent the marriage. He wants to be free after many years of denying his true self. These men move on so easily after the marriage ends. They may have feelings for you like a friend or family member, but they were never in love with you. They feel relief when the marriage ends. The wife did not know her husband is gay, she was in love with her husband. She wanted her marriage to work. She is devastated.
The wife of a closeted gay husband goes through so much to put her life back together after the marriage ends. Many of these women suffer from post traumatic stress disorder. She blames herself for not knowing, and for the abuse she put up with. She thinks something is wrong with her. She has been stripped to the core by a gay man who never loved her. She feels used. She cannot trust her own judgment, or anyone for that matter. Her emotions and sexual feelings shut down, and she wonders if they will ever return. Sadly these men have told their wives, they are crazy. They have been gas-lighting their wives for years, in an attempt to throw her off the trail of truth. Many women find out by accident
abakali bakaliReply
July 31, 2015 at 7:38 am
Quoting…Repressed Homosexuality By Debra Sutton
They find gay p o r n on the computer, or receive a strange phone call, or text message. The gay husband will blame the wife, or the children. If he is caught red-handed, he will only admit to what you know. He will say he never acted on his same-sex attraction. He was just curious. These gay/straight marriages become sexless. The closeted gay husband has been actively seeking sex with men throughout the marriage. As he ages it becomes harder and harder for him to deny his same-sex attraction. The gay husband wants, needs, and craves a man. He needs this connection that you his wife cannot give him. While the wife shuts down sexually, the gay husband never denied himself sex with men. Some gay husbands may admit to being gay, or bisexual after being caught, only to take it back later, or deny ever saying this in the first place. It can take many years for the closeted gay husband to come to terms with his sexuality. Some never do. They use the fact they are married to a woman, or have children to tell themselves they cannot be gay.
major chileshe
July 31, 2015 at 11:10 am
Ndeloleshafye
AMASHOKO KOPALA
July 31, 2015 at 11:51 am
NO SENCE IFIMA GOGO TEACH US HW 2 MAKE MO MONEY NOT IFIMAKONGOLE …….COM 2016 ….ME 2011 PF NOW 2016 TRY HH WITH BZNESS MIND NOT U RATS……..