Nigeria’s Eurobonds: Long-term bond prices slip as investors grow cautious

Nigeria’s long-term Eurobonds faced renewed pressure in October, as global investors showed caution over the country’s fiscal outlook and rising global interest rates. The longer-dated notes—particularly the 7.625% November 2047 and 8.25% September 2051 issues—saw notable price declines before staging a mild recovery towards month-end. Trading data compiled by the Debt Management Office (DMO) and

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