Citigroup Inc. plans to go long on Zambia's bonds as it sees the copper-producer to be in line for credit upgrades after recent elections.

The bank believes the political transition will boost investor confidence and improve fiscal discipline, making Zambia's sovereign debt more attractive.

Analysts expect rating agencies to follow suit, potentially lifting the country's credit profile and reducing borrowing costs.

Citi's bullish stance reflects broader optimism among emerging market investors toward Zambia following the peaceful transfer of power.