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Nigeria Opens 2-Year and 3-Year Bonds at 17.08%, 18.08% Coupons

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  • Securities designed to provide regular income, with quarterly interest payments
  • Analysts predict a gradual deceleration in yields as government manages borrowing costs

Lagos, Nigeria – Nigeria’s Debt Management Office (DMO) has announced the opening of subscription for the government’s Savings Bonds, offering two-year and three-year securities with annual coupons of 17.084% and 18.084%, respectively. The bonds, aimed at retail investors, provide an opportunity for steady income.

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