Nigerian Government Lists $4bn Eurobonds

Feb 9, 2022 · 1m 7s
Nigerian Government Lists $4bn Eurobonds
Description

FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria's $4 billion dollars Eurobonds under its global medium-term note programme on its platform. The listings are...

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FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria's $4 billion dollars Eurobonds under its global medium-term note programme on its platform.
The listings are 6.12 per cent $1.25 billion September 2028; 7.37 per cent 1.50 billion dollars September 2033 and 8.25 per cent 1.25 billion dollars September 2051.
It says that the listing of the foreign currency-denominated debt securities was another commendable feat for the Federal Government of Nigeria through the Debt Management Office.
The statement says the transaction demonstrated the government's unrelenting commitment to supporting the development of the nation's debt capital markets toward sustainable economic development.
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Author Africa Business Radio
Organization Africa Business Radio
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