- Two-year bonds issued at 16.635%, three-year at 18.635%, reflecting easing inflation expectations
- Debt sale closes on March 7, with interest payments starting June 12
Abuja, Nigeria – Nigeria offered two- and three-year bonds for sale on Monday at lower yields of 16.635% and 18.635%, respectively, compared with the previous auction, reflecting a shift in market sentiment following the central bank’s decision to pause interest rate hikes.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in