Lags - Nigeria sold N100 billion ($618 million) worth of bonds with maturities ranging between three and 20 years at auction on Wednesday at yields lower than previously, the Debt Management Office said on Thursday, reports BusinessDay.
DMO said it sold N15 billion of three-year paper at 11 percent, lower than 11.35 percent at its June auction.
A total of N50 billion was sold in the 10-year paper at 12.19 percent compared with 12.24 percent at the previous auction.
Read more at BusinessDay
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