SECRETARY to the Treasury Felix Nkulukusa has disclosed that Zambia has reached an agreement in principle with the bondholders. Speaking during a panel discussion at UNZA, Thursday, Nkulukusa said with the agreement, the country would get a 18 percent haircut out of the $3 billion debt owed to bondholders. “Just today, we reached an agreement in principle with the bondholders and that agreement, if you listened to the news, it was on the news that we are having a haircut of about 18 percent. The bonds that were due in 2022, 2024 and 2027, we will restructure them, the last maturity I think will be about 2053. We are now going to agree on the schedule of payments and what...