(Bloomberg) -- The Republic of Congo’s dollar bonds are best performers in Africa this year, yielding returns of more than 15%. The central African nation has agreed in principle on a debt-restructuring with China, a pre-condition for an International Monetary Fund bailout, and with commodities trading house Trafigura Group to reorganize millions of dollars in oil-for-cash loans. On the other side of the spectrum is Zambia, which has yet to start formal talks with the IMF and agree on better terms for Chinese loan repayments.

To contact the reporters on this story: Lyubov Pronina in Brussels at lpronina@bloomberg.net;Paul Wallace in Lagos at pwallace25@bloomberg.net

To contact the editors responsible for this story: Hannah Benjamin at hbenjamin1@bloomberg.net, Lyubov Pronina, Robert Brand

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