HomeTagsEurobonds

Tag: Eurobonds

FG Offers $2.2bn Eurobonds to Three US Lenders

FG Offers $2.2bn Eurobonds to Three US Lenders   Nigeria is returning to the international capital markets for the first time in over two years, issuing Eurobonds to bridge its growing fiscal deficit. According to a document presented to potential investors, the government will offer a 6.5-year...

Naira Records Slight Gains After Nigeria Raises $4bn In Eurobond

Naira Records Slight Gains After Nigeria Raises $4bn In Eurobond           Following yesterday’s report of the $4 billion Eurobond Nigeria raised, which was dubbed one of the biggest financial trades to come out of Africa in 2021, Naira appreciated marginally at both the black market and...

Nigeria’s Eurobonds Debt Rose By $9.37bn In Five Years

Nigeria’s Eurobonds Debt Rose By $9.37bn In Five Years       Commercial loans obtained by Nigeria through Eurobonds rose from $1.50bn as of December 31, 2015 to $10.87bn as of December 31, 2020, indicating a $9.37bn or 625 per cent increase in five years. The debt stock remained...

Fed Govt Presents Budget October, Targets €3bn From Eurobonds

Fed Govt Presents Budget October, Targets €3bn From Eurobonds       President Muhammadu Buhari may present the 2022 Appropriation Bill to a joint session of the National Assembly on a yet-to-be determined date in October. The Minister of Finance, Budget and National Planning, Zainab Ahmed, gave the hint...

FG Appoints Eight Transaction Advisers For $6.2bn Eurobonds

FG Appoints Eight Transaction Advisers For $6.2bn Eurobonds       Preparatory to the issuance of N2.343 trillion ($6.2 billion) Eurobonds in the International Capital Market (ICM) to partly finance its N5.2 trillion 2021 Budget deficit, the federal government has appointed eight international and domestic transaction advisers. The Eurobonds...

FG Rules Out Eurobonds In 2019

FG Rules Out Eurobonds In 2019 The Federal Government has no plans to return to the Eurobond market this year, after a sixth outing in November raised $2.86bn, the Debt Management Office said on Tuesday. Nigeria approved a three-year plan in 2016 to borrow more from...