Nigeria plans new savings bonds aimed at retail investors

by | March 2, 2017 12:34 am

Nigeria plans to target retail investors with a new savings bond that will go on sale this month, the Debt Management Office said on Wednesday, Reuters reports. Two- and three-year maturities will be offered, with interest paid quarterly. The interest rate has yet to be announced, but the debt office paid 16.5 percent on a…

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