Business news feedNigeria sells 70 bln naira in sovereign bonds

Thu,23Nov2017

Posted on Thursday, 16 June 2011 15:45

Nigeria sells 70 bln naira in sovereign bonds

June 16, 2011, 2:57 pm

LAGOS (Reuters) - Nigeria sold 70 billion naira in 20-year, 5-year and 3-year sovereign bonds at its last debt auction of the year, the Debt Management Office (DMO) said on Thursday.The debt office sold 25 billion naira in the 20-year, 20 billion naira in the 5-year and 25 billion naira in the 3-year instruments at Thursday's auction.All the instruments are reopening of previously issued and attracted higher yield compared to last month's auction.



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