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

Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
Senegal tax revenue surge raises concerns over pressure on formal economy
Read More »
Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
West Africa central bank cuts rates again as deflation opens rare policy window
Read More »
Houmt Souk, Tunisia. Photo by Ondrej Bocek @ Unsplash
Tunisia inflation hits 5% as food prices surge
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
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 »

Latest Posts

Latest news insights