- Five-, seven-, and 10-year bonds to be issued, with yields ranging from 18.50% to 19.30%.
- Proceeds aimed at addressing a 13 trillion naira budget deficit for the year.
Abuja, Nigeria – Nigeria plans to raise as much as 1.8 trillion naira in bond sales during the first quarter of 2025, according to a calendar released by the Debt Management Office (DMO). The bonds include five-, seven-, and 10-year maturities, with the shorter tenures being re-openings and the 10-year representing new issues. Announced yields range between 18.50% and 19.30%.
You need an active subscription to continue reading this article.
