Foreign Investors Flock To Nigeria’s Eurobonds Ahead Of November Maturity

Foreign portfolio investors have ramped up their holdings of Nigeria’s sovereign Eurobonds, especially those maturing in November 2025, as improved macroeconomic fundamentals lift investor sentiment and trigger a rally in the US dollar-denominated debt market. As demand surged, the yield on Nigerian Eurobonds dropped by 6 basis points to 8.39%, reflecting rising prices across the … Continue reading Foreign Investors Flock To Nigeria’s Eurobonds Ahead Of November Maturity