African governments turn to complex derivatives as debt costs rise

Critics say growing use of total return swaps is piling on risks for cash-strapped countries and their creditors ...
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Union Budget 2026: FM plans FEMA overhaul, introduces total return swaps for corporate bonds

Finance Minister Nirmala Sitharaman on Sunday announced a review of FEMA rules to modernise the framework for foreign investment and proposed introducing total return swaps on corporate bonds in her ...