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Nigeria’s $540mn bond sale tests investor appetite as disinflation reshapes yields

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
  • Nigeria offers N750bn ($540mn) in reopened government bonds
  • Positive real yields drive renewed investor demand

 

ABUJA, NIGERIANigeria auctioned N750 billion ($540mn) in government bonds on Monday, testing investor appetite as falling inflation begins to restore positive real returns.

The Debt Management Office said the offering comprises three reopened instruments: a 17.945% bond due August 2030, a 17.95% bond due June 2030, and a 19.89% bond due May 2033.

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