Nigerian Eurobonds rallied last week, buoyed by a rebound in global oil prices and easing trade tensions, offering investors renewed confidence in the country’s external debt amid improving risk sentiment.
The Eurobond market turned bullish during the week, with buying interest dominating across nearly all maturities.
The only exception was the NOV-27 paper, which saw a modest three basis point uptick in yield.
As a result, the average Eurobond yield fell to 10.15 percent, compared to 10.30 percent in the previous week, according to da
