Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,162,812 members, 7,851,725 topics. Date: Thursday, 06 June 2024 at 06:33 AM |
Nairaland Forum / Nairaland / General / Business / Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds (15185 Views)
Guinness Nigeria’s $126 MlNaira Share Sale Oversubscribed / Lagos Contributes 97.07% To Nigeria’s $1.8b Capital Inflow In Q2—NBS / Uba’s Debut $500m Eurobond Oversubscribed By 240% (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Tarzaa(m): 8:50pm On Feb 09, 2017 |
With God, all things are possible. We must surely get there! |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by sylviaeo(f): 8:50pm On Feb 09, 2017 |
Let's see how long it will last |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by freecocoa(f): 8:50pm On Feb 09, 2017 |
Hmmm! |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by olusipimp(m): 8:53pm On Feb 09, 2017 |
lielbree:did u even understand what they're saying abt eurobond.....or u just need to show ur gullibility and hatred here on nairaland, or is it buhari dt turns u like dis ....if u don't know how tons are done, u ask.......negodu 1 Like |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by maskid(m): 8:53pm On Feb 09, 2017 |
these people are really silly.. so this nonesense is what make kemi better than NOI...? smh they didnt tell us that they have been trying so hard to see if anything can make her come to par with her predecessor. i call this borderline personality disorder. let me give u a target aunty kemi, why dont u try cancelling out our debt with worldbank. lets start from there 1 Like |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Jacobx007: 8:54pm On Feb 09, 2017 |
PassingShot: BOND A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities. Owners of bonds are debtholders, or creditors, of the issuer. 3 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Kx: 8:55pm On Feb 09, 2017 |
Nothing else to celebrate than the accumulation of debt as if it's a freebie? God forbid that I ll treat the fact that lenders are lining up to offer debts as a success factor. Heaven forbid. 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Jacobx007: 8:55pm On Feb 09, 2017 |
PassingShot:So who is wasting online? Common bond u don't know the meaning 1 Like |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by KAYD007(m): 8:59pm On Feb 09, 2017 |
Sweet news
|
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Boss13: 9:00pm On Feb 09, 2017 |
Nothing special. There is no other investment opportunities. Ghana's Eurobond was oversubscribed too. Foreign capital investors are looking for the next piece of action to make money 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by josh123(m): 9:01pm On Feb 09, 2017 |
Ayam nt understanding anything ,who fit summarize am for me? |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Nobody: 9:02pm On Feb 09, 2017 |
Kx: A successful bond issue means investors are confident about Nigeria's ability to pay interest and principal. Economies require votes of confidence like this and they do encourage investors sitting on the fence to commit. Good sign. 1 Like 1 Share |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by PassingShot(m): 9:03pm On Feb 09, 2017 |
Jacobx007:Mynd44 Seun Lalasticlala, pls apply the punishment. |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:04pm On Feb 09, 2017 |
PassingShot: You truly are a financial illiterate, if you say bond is different from borrowing. This is investopedia below for free. Just as people need money, so do companies and governments. A company needs funds to expand into new markets, while governments need money for everything from infrastructure to social programs. The problem large organizations run into is that they typically need far more money than the average bank can provide. The solution is to raise money by issuing bonds (or other debt instruments) to a public market. Thousands of investors then each lend a portion of the capital needed. Really, a bond is nothing more than a loan for which you are the lender. The organization that sells a bond is known as the issuer. You can think of a bond as an IOU given by a borrower (the issuer) to a lender (the investor). Of course, nobody would loan his or her hard-earned money for nothing. The issuer of a bond must pay the investor something extra for the privilege of using his or her money. This "extra" comes in the form of interest payments, which are made at a predetermined rate and schedule. Read more: Bond Basics: What Are Bonds? | Investopedia http://www.investopedia.com/university/bonds/bonds1.asp#ixzz4YDiiiqyu Follow us: Investopedia on Facebook 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by PassingShot(m): 9:06pm On Feb 09, 2017 |
Jacobx007:The main difference from the conventional borrowing is that the bond issuer determines the interest rate and tenor whereas the lender in the case of borrowing dictates the repayment conditions. |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:06pm On Feb 09, 2017 |
Jacobx007: Thank goodness there are informed people here. "bond is different from borrowing..." what won't one see on this Nairaland? 1 Like |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Nobody: 9:07pm On Feb 09, 2017 |
Economic expert will tell you Nigeria needs $30 - $70B PER ANNUM to address infrastructure deficit and we are celebrating a loan of $1B? South Africa with a population one quarter of Nigeria's population spent $22 Billion (297 B Rand) on Education last year of which $15.5Billion (205B Rand) was on Basic education alone !!!! We are not serious people!!! http://ewn.co.za/2016/02/24/BudgetSpeech2016-More-money-for-education-grants-health 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by olaboy1: 9:07pm On Feb 09, 2017 |
What's good news about this. Have you guys done any assessment on the inflated cost of projects in Nigeria compared to same projects in the west. Our politicians inflates many projects as high as 400%, and Mr president is fighting corruption when he also puts his signature on them. European countries are not richer than us, but the truth is they use the entire money earmarked for a project on it. We are paying more money for Chinese standards, and many people come here and start fighting about APC or PDP, who gives af...Are all of you party members and ward leaders of these political parties. Nigerian men are we happy to see our kids begging for daily crumbs, when they are surrounded by bakeries. Ok let's have a breakdown of how the money will be spent and let's see if this bond makes any sense to the common man. I was in Abuja some years ago and I saw a minister signing blank cheques around 25 pages with the mallam before him in his short pant kneeling down and saying ranka dede or something as every page was signed. I sat in the corner of the office and just shook my head and truthfully said to myself the Northerners have finished this country. 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by PassingShot(m): 9:08pm On Feb 09, 2017 |
ephi123:The main difference from the conventional borrowing is that the bond issuer determines the interest rate and tenor whereas the lender in the case of borrowing dictates the repayment conditions. |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by PassingShot(m): 9:09pm On Feb 09, 2017 |
ephi123: PassingShot: |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by AreaFada2: 9:11pm On Feb 09, 2017 |
awa: Why should we rejoice over more debt? Not like they're gonna use the "borrowed" money judiciously. Will the money finally build a hospital that is good enough to conduct "medical check up & tests" on Buhari or improve Naira rate to $1 = 225 where Buhari met it in May 2015? 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Kfed4ril(m): 9:13pm On Feb 09, 2017 |
Abudu2000: Your stupidity knows no bounds. |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:15pm On Feb 09, 2017 |
PassingShot: That is absolutely incorrect. Bond issuer needs money, without which he will go bust. People put money into the bonds, there is a set time the bond issuer must pay them back. "Conventional borrowing " to use your words, the "bond issuer" instead of raising bonds approaches a bank, gets a loan and there is still a set time he/she must pay back. Bottom line, Bond issuer MUST pay back the money. So therefore borrowing is borrowing. 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:17pm On Feb 09, 2017 |
There is no free lunch even in Freetown. Government should stop accumulating debt under different guises, we are saddled with enough unprofitable debts as it is. 2 Likes |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by Abudu2000(m): 9:22pm On Feb 09, 2017 |
Kfed4ril:Your birth certificate is an apology letter from the condom factory. |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by PassingShot(m): 9:22pm On Feb 09, 2017 |
ephi123:Different bodies, individuals and corporate entities can buy bonds from the govt. It doesn't have to be banks alone. If you take your time to read it up, it's the bond issuer that states the interest rate and for how long the bond will be issued for. Generally, the interest rates for bonds are much lower than conventional loans. Also, the buyer of govt bonds, the lender so to say, does not determine what the bond issuer uses the money for. The reverse could be the case with regular loan. 1 Like |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by teflondoncuzo(m): 9:25pm On Feb 09, 2017 |
Me I don't understand all this bond ish. Can someone plz explain IstandwithBUhari. 1Nigeria |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by davidif: 9:27pm On Feb 09, 2017 |
datola: So you think borrowing money to spend your way out of a recession is going to work? hahahahahha, chei! Nigerians na wa for una. |
Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by davidif: 9:27pm On Feb 09, 2017 |
teflondoncuzo: Bond is a debt. Its simply borrowing money which you have to pay back with interest. |
Angola Overtakes Nigeria In Crude Oil Production / Globacom Signs Deal With Eutelsat Of France For Satellite Deployment / Share Your Annoying Market Experience
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47 |