Source link : https://www.afric.info/2024/12/03/news/nigeria-secures-2-2b-in-first-eurobond-issue-since-2022/
TLDR Nigeria has raised $2.2 billion in its latest Eurobond auction, the first since March 2022, to address its widening fiscal deficit. The offering included $700 million in 6.5-year bonds at 9.625% and $1.5 billion in 10-year bonds at 10.375%. While oversubscribed with $9 billion in total bids, only $2.2 billion was allocated. Nigeria has […]
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Author : AFRICA-NEWS
Publish date : 2024-12-03 11:41:58
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