Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,161,397 members, 7,846,665 topics. Date: Friday, 31 May 2024 at 08:46 PM |
Nairaland Forum / Nairaland / General / Politics / Nigeria Repays $500m Eurobond Debt (192 Views)
Gbadebo Rhodes-Vivour Repays Wife's Debt After Social Media Bashing. / Federal Government Repays $500 Million Eurobond Borrowed In 2013 / Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA (2) (3) (4)
(1)
Nigeria Repays $500m Eurobond Debt by Bobloco: 3:02am On Jul 13, 2023 |
The Federal Government, through the Debt Management Office, DMO, has redeemed a $500 million Eurobond on its due date on July 12, 2023. The DMO disclosed this on Wednesday in a statement on its website. In perspective, the Eurobond was issued in July 2013 (as part of a dual-tranche USD1 billion Eurobond) for a tenor of ten (10) years at a coupon of 6.375 per cent annually. “Nigeria had previously redeemed a USD500 million Eurobond in July 2018, another USD500 million Eurobond in January 2021, and a USD300 million Diaspora Bond in June 2022,” the DMO said. “These, together with the USD500 million Eurobond redeemed today, bring the total amount of securities redeemed by Nigeria in the International Capital Market (ICM) to USD1.8 billion. “Nigeria’s successful redemption of its Eurobonds and Diaspora Bonds in the ICM over the past six (6) years demonstrates its strong debt management operations and planning”, DMO stated. https://dailypost.ng/2023/07/12/nigeria-repays-500m-eurobond-debt/ 1 Like |
Re: Nigeria Repays $500m Eurobond Debt by Mynd44: 5:11am On Jul 13, 2023 |
(1)
NASS: Etteh Makes Case For Restoration Of Street Light In Abuja Metropolis / Tinubu's Reforms Policies Will Make Nigeria Greater,says Kailani / Simon Ekpa Sponsoring Nigerian Labour Congress
(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. 6 |