Nigerian Eurobond Yields Climb on Shifting Market Dynamics
Nigeria’s Eurobond market ended on a soft note, with the average yield rising slightly by three basis points to 7.77%, underscoring weaker investor sentiment against a backdrop of evolving market dynamics. Nigeria’s disinflation that shifted the real interest rate to 7.38% had fuelled increased demand for Nigeria’s US dollar-denominated bonds in the international market. The … Continue reading Nigerian Eurobond Yields Climb on Shifting Market Dynamics
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