Nigeria sells 170 bln naira in local currency bonds at higher yields -debt office

Nigeria raised 170.18 billion naira in local currency bonds maturing in 2036, 2026 and 2020 at an auction, the Debt Management Office (DMO) said on Thursday, paying higher returns than at the previous auction on March 16. The office said it sold 40 billion naira ($201 million) of 2036 paper at 13.08 percent at Wednesday's auction, compared with 12.40 percent at the previous auction It also sold...
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Added April 14, 2016
from Yahoo Nigerian News