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Nigeria raises N44 bln in bonds at higher yields

Nairametrics by Nairametrics
July 16, 2015
in Uncategorized
dirty Naira notes
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Nigeria raised N44 billion ($221 million) at a bond auction on Wednesday, selling the notes at yields higher than its last sale in June, the Debt Management Office (DMO) said.

A total of N119.53 billion bids were received for the 5- and 20- year bonds, the DMO said.

Tags: News Review
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Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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