<img src="https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-large.jpg" alt="Zambia’s world-beating 36% bond rally seen extending if Hichilema wins" srcset="https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-medium.jpg 300w, https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-540x405.jpg 540w, https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-220x165.jpg 220w, https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-254x191.jpg 254w, https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-179x134.jpg 179w, https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-100x75.jpg 100w, https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40-285x214.jpg 285w, https://cdn.businessday.ng/wp-content/uploads/2026/07/images-40.jpg 640w" loading="lazy" sizes="(max-width: 640px) 100vw, 640px" class=" pl" /><p>Zambia’s borrowing costs fell sharply at its first local currency bond auction since President Hakainde Hichilema secured a second term,</p>
<p>read more <a href="https://businessday.ng/africa/article/zambia-bond-auction-swings-from-undersubscribed-to-37-oversubscribed-after-election/">Zambia bond auction swings from undersubscribed to 37% oversubscribed after election</a></p>