Nigeria’s Eurobond Yields Drop As Sovereign Prepares Fresh External Borrowing

In a clear sign of improving investor sentiment, yields on Nigeria’s sovereign Eurobonds fell in international markets ahead of the upcoming external-borrowing programme that includes a US$2.85 billion issuance plus a US$500 million Sukuk offering. The move reflects heightened appetite for Nigerian debt ahead of the maturity of a US$1.12 billion note originally issued in … Continue reading Nigeria’s Eurobond Yields Drop As Sovereign Prepares Fresh External Borrowing