AfDB to host 4th annual workshop on local currency bond markets
The 4th Annual African Financial Markets Initiative (AFMI) workshop on Local Currency Bond Markets will take place on November 30 to December 1, 2015 in Johannesburg, South Africa. Over 30 countries will be represented.During the workshop, the AFMI will present recent developments on the African Financial Markets Database. The event will also discuss ways to promote inclusion of more countries to the African Development Bank (AfDB/AFMISM) Bloomberg® African Bond Index (ABABI) - namely the provision and collection of accurate pricing data. Private sector participants will be present to discuss the importance of developing the institutional investor base for vibrant domestic debt markets in Africa. High level speakers from across the continent will share their experiences. In 2008, AFMI was launched by the African Development Bank as part of its strategy to develop the financial sector in Africa. This initiative aims to contribute to the development of domestic bond markets on the continent through its two complementary pillars: i) the African Financial Markets Database (AFMD) and ii) the African Domestic Bond Fund (ADBF).