FG 2053 Bond Records $364 Million Subscription As Investors Seek Record Yields - Business - Nairaland
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| FG 2053 Bond Records $364 Million Subscription As Investors Seek Record Yields by Mateco556: 11:45am On Nov 15, 2023 |
In a robust display of investor appetite, Nigeria’s Debt Management Office witnessed an oversubscription of more than three times for the reopening of the country’s longest-dated bond at an auction on Monday. The 2053-dated debt, offering a record yield of 18%, attracted total subscriptions amounting to 330 billion naira ($364 million), surpassing the 90 billion naira initially offered. Contrary to this strong response, other bonds with shorter tenors, such as the 2029, 2033, and 2038 maturities, experienced undersubscription at........... https://ratecaptain.com/fg-2053-bond-records-364-million-subscription-as-investors-seek-record-yields/ 3 Likes |
| Re: FG 2053 Bond Records $364 Million Subscription As Investors Seek Record Yields by Tochi3(m): 11:49am On Nov 15, 2023 |
 ..emilokans with lies , deceit & propaganda |
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