Nigeria raises N50bn 2020, 2024 bond at higher yields

Nigeria raises N50bn 2020, 2024 bond at higher yields

Nigeria sold 50 billion naira ($251.93 million) worth of naira-denominated bonds maturing in 2020 and 2024 at an auction on Wednesday, at higher yields thanks its previous auction, the Debt Management Office said on Thursday. The debt office issued 30 billion naira in the 2020 debt at 10.95 percent, up from 10.24 percent at the…

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