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