Nigeria issues 50 bln naira bond at lower yields

LAGOS (Reuters) - Nigeria has issued 50 billion naira ($309.31 million) in 3-year and 10-year bonds, with strong demand chasing yields lower than what the government paid at its previous auction last month, the Debt Management Office said on Thursday. The DMO sold 25 billion naira in the 3-year paper, maturing in August 2016, at a yield of 13.14 percent, down from last month's 14.10 percent ...
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Added April 24, 2014
from Yahoo Nigerian News