Bond Action: +23 %

by | October 3, 2016 12:11 am

Yields on Nigeria’s 2023 Eurobonds have dropped from a record 9.37 percent on Jan. 15, a gain of 23 percent for bondholders in the period. That’s the lowest in 15 months and the rally may continue as the OPEC deal reached last week boosts oil prices and eases concerns over dollar shortages in Africa’s largest…

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