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Nigeria’s $1 Billion Bond Four Times Oversubscribed

April 19, 2022

Nigeria raised $1 billion in the first dollar bond issued by a developing nation since the market went into a tizzy in May. The bond issue was four times oversubscribed, said Nigeria’s Finance Minister Ngozi Okonjo-Iweala in a conference call Tuesday. “It was the correct decision,” she said, on deciding to issue a bond at this … Continue reading Nigeria’s $1 Billion Bond Four Times Oversubscribed

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