Search

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

Breaking News
© Allen Dreyfus
  • 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.

You need an active subscription to continue reading this article.

Recent Business

jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Read More »

Recent Politics

jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Read More »

Latest Posts

Latest news insights