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Nigeria sells 70bn naira bonds

LAGOS : Nigeria sold 70 billions Nigeria naira in 3, 5 and 10-year sovereign bonds on Wednesday, at its seventh debt
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By Muhammad Iqbal
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nigeriLAGOS: Nigeria sold 70 billions Nigeria naira in 3, 5 and 10-year sovereign bonds on Wednesday, at its seventh debt auction of the year, the Debt Management Office said on Thursday.

The debt office said it sold 30 billion naira of the 3-year, 15 billion naira of 5-year and 25 billion naira of 10-year papers, due to mature in 2014, 2015 and 2018 respectively.

Copyright Reuters, 2011

 

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