Nigeria’s $500m bond oversubscribed

Tribune OnlineNigeria’s $500m bond oversubscribedThere are indications that the Nigerian diaspora bond was 100 percent oversubscribed to about $1billion. This is even as subscribers are set to receive allocation this week. The five-year bond, which carries a 9.75 percent interest rate, is the first tranche of a planned $2 billion issuance aimed at bolstering the Nigerian economy. According to the offer [...]Nigeria’s $500m bond oversubscribedTribune Online

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