Foreign Investors Buy Positions In Nigeria Eurobonds, Yield Mixed

The average yield on Nigerian government Eurobonds fell by seven basis points as a result of recent portfolio repositioning to maximise profits while central bankers maintain high interest rates. The rising demand for Nigerian US dollar-denominated bonds reflected expectations that the current reform will boost local economic development in 2024. Some economists are predicting an … Continue reading Foreign Investors Buy Positions In Nigeria Eurobonds, Yield Mixed