Nigeria raises N125bn in 5-, 10-, 20-yr bonds at lower yields

Nigeria raises N125bn in 5-, 10-, 20-yr bonds at lower yields

Nigeria raised 125 billion naira in local currency-denominated bonds maturing in 2036, 2026 and 2020 at an auction on Wednesday, paying lower yields than at the previous auction on Feb. 10, the Debt Management Office (DMO) said on Friday. The office said it had sold 40 billion naira of 2036 paper at par with 12.40…

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