Mozambique’s Dollar Bond Drops Amid Election Dispute Unrest

Mozambique’s dollar bond declined for a third consecutive day as unrest over disputed election results intensified. The country’s eurobond, CNBCAfrica indicates, maturing in 2031, fell by 0.58 cents, with total losses surpassing two cents since Friday. Opposition candidates claim the October 9 election was rigged, with final results expected this week.