The DMO has announced the redemption of Nigeria's 6.75% $500 million Jan 2021 Eurobond.
Vice President Yemi Osinbajo disclosed recently that Nigeria will not be issuing Eurobonds.
Nigeria will focus on "cheaper" domestic borrowing and loans from concessional sources.
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Nigeria's 2049 Eurobond Yields traded at a yield of 12.81% as prices fell to $72.94. The coupon rate for this loan about 9.2%.
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Ghana has been considered top on foreign investors list this year despite the slowing economy the country has had in recent times.
The FGN Bond market opened the month on a firmly bearish note, with yields trending higher by c.14bps, as market players reacted to the hike in...
Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds.
Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This...
