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EUROBOND ISSUANCE

Nearly half of African currencies have shown signs of depreciation despite steady development across the continent, according to...
Ecobank Transnational Incorporated (ETI) has successfully issued a $125 million 10.125% Senior Notes due in 2029, marking a significant milestone for the bank and the African Eurobond market.  
The Nigerian currency was largely muted in the unofficial market on Wednesday, oscillating around N1,750/$ despite improved fundamentals in the country’s foreign exchange market.
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