Lagos Lists N137bn Bond on Nigeria's Stock Exchange.
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Description
The Lagos State government has listed an N137,328,000,000 series IV bond on the Nigerian Stock Exchange. NGX says the bond is a 10-Year 13.00 per cent fixed rate unsecured bond...
show moreNGX says the bond is a 10-Year 13.00 per cent fixed rate unsecured bond due in 2031 under the N500bn debt issuance programme.
The bond was listed on Friday. The bond was issued at 100 per cent of par (N1,000).
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Author | Africa Business Radio |
Organization | Africa Business Radio |
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