Nigerian Exchange Limited says the Federal Government of Nigeria has listed $4 billion Eurobonds on its platform. The Nigerian Exchange Limited (NGX) disclosed this on Monday on its official Twitter handle. Eurobond issuances are debt instruments denominated in a different currency than the local one of the country where the bond is issued. The Eurobonds were issued in three tranches of 7 years, 12 years and 30 years, respectively. The first tranche worth $1.25 billion would be due by September 2028 at 6.12% The second tranche worth $1.50 billion would be due by September 2033 at 7.375% Also, the third tranche valued at $1.25 billion would be due September 2051 at 8.250% – The Cable Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Share on LinkedIn (Opens in new window) LinkedIn Share on WhatsApp (Opens in new window) WhatsApp Share on Telegram (Opens in new window) Telegram Like this:Like Loading… Related Post navigation Oil revenue plunges as Nigeria misses January OPEC quota Senate considers bill seeking to establish Solid Minerals Development Bank
