- Nigeria’s inaugural $500 million local dollar bond, oversubscribed by 180%, will be listed on over-the-counter markets for enhanced investor access
- The five-year bonds, with a 9.75% coupon rate, aim to attract diaspora and local foreign currency holders
Lagos, Nigeria – Nigeria will list its first domestic dollar bonds on the over-the-counter markets, facilitating easier entry and exit for investors, according to the country’s Debt Management Office (DMO).
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