Search

Nigeria Offers Two- and Three-Year Bonds at Lower Yields

Allen Dreyfus
  • 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.

Recent Business

Yango ride. Photo: Yango Ghana/ Facebook
Yango and Flutterwave deepen fintech integration with cashless expansion in Zambia
Read More »
Gold mining machine, excavator. Photo by Albert Hyseni @ Unsplash
Nigeria targets $1bn annual mining FDI as deadly accidents expose safety crisis
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Mali orders fintech firm Wave to pass 1% mobile money tax to users
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights