Banks avoid fresh Eurobond issues as appetite for dollar debts fizzle out

by | April 3, 2017 1:25 am

Nigerian banks have lost interest in fresh issues or refinancing of Eurobonds because firms no longer have appetite for dollar denominated debts in the country. The volatility in the naira-dollar exchange rate in the last one year, has killed the appetite for dollar loans by Nigerian firms who before now, had preferred such loans due…

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