Accra/Abuja — Countries in Sub-Saharan Africa will have to shelve plans for Eurobond issuance as yields rise and the spread of the coronavirus limits travel, according to investors including Capitulum Asset Management and Gemcorp Capital.

After rising 40 basis point (bps)  in February, average sovereign dollar-bond yields in the region have climbed 100bps in March to the highest in more than a year, according to JPMorgan Chase’s measure. That compares with an increase of 60bps for emerging markets more broadly...

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