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

French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Local market scene in Monrovia, Liberia. Photo by B. Aristotlè Guweh Jr @ Pexels
Nigeria’s inflation reversal exposes fragile recovery amid deepening global energy pressures
Read More »
Dr Cassiel Ato Forson, Ghana's Minister of Finance. Photo @ Ghana Parliament/Facebook
Has Ghana finally escaped IMF dependency after years of economic trauma?
Read More »

Recent Politics

French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »

Latest Posts

Latest news insights