Business9 years ago
Nigeria records 25% yields from local currency bond sale
Reports emerging from the Debt Management Office (DMO) says Nigeria plans to raise $312.50 million (about N95bn) as its last auction bond market recorded about 25 per cent less yields than anticipated. The DMO in its report of the deal, made available to Ripples Nigeria, indicates that three-ranged local currency bonds were offered for the market reflecting those of: 2021, 2026 and...