# @globalnomad2030 on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DYCx1PvsCkb
- **Gondola URL:** https://gondola.cc/posts/65257740-globalnomad2030-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/80e841a136.jpg
- **Posted:** 2026-05-07T16:05:36.000+00:00
- **Account Owner:** Julius Besiole David (@globalnomad2030) — https://gondola.cc/globalnomad2030

## Caption

There is a cost to paying off a Eurobond with local debt, The $750M Eurobond got paid. Somebody else is paying for it.
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To fund the repayment, government raised N$13bn in the domestic debt market.
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That is N$13bn pulled out of the same well that funds mortgages, SME loans, and working capital.
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When the biggest borrower in the country muscles into the queue, everyone behind pays in higher rates and tighter credit.
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Foreign creditors were made whole. The local market was left thinner. That is what crowding out feels like.
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#Namibia #Eurobond #Liquidity #AfricanMarkets #GlobalArbitrage

## Stats

- **Views:** 1,240
- **Likes:** 263
- **Shares:** 0
- **Comments:** 10

## Tags

africanmarkets, namibia, eurobond, liquidity, globalarbitrage

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