Eurobonds

Foreign investors can’t get enough of Nigerian banks’ Eurobonds but won’t touch their stocks with a ten-foot pole. First, it was Access Bank and now United Bank for Africa (UBA) that has…

Naira, Nigeria's legally approved means of exchange on Wednesday recorded marginal appreciation at the official window, a day after the country issued $4 billion Eurobond. Liquidity in…

After an intensive two days of virtual meetings with investors across the globe, Nigeria has raised the sum of $4 billion through Eurobonds, with investors demanding more than four times the…

Standard Chartered Bank, alongside three other banks, acted as Joint Lead Manager for Access Bank’s $500m Senior Eurobond Issuance. With its participation in the Eurobond issuance by…

Increased investors’ appetite for African Eurobonds is spurring record low-interest rates, but Nigeria may miss out when it visits the international market later this year. Declining…

Africa’s notable absence from the rush to the Eurobond market this month is set to change as the largest economies on the continent prepare to tap the market during the first half of 2021.…

The current foreign liquidity challenges in Nigeria could be an incentive for banks to make a swift return to the Eurobond market as customers are in dire need of foreign currency.…

Nigeria’s low-yielding interest rate environment which has been worsened by the rising inflation rate has investors with higher appetite for investment with profitable returns attempting to…

The Central Bank of Nigeria (CBN) OMO ban which triggered a demand surge for treasury bills may likely cause a shift to dollar denominated assets. The sharp decline in treasury yields which…

Cordros Asset Management Limited, the fund manager of ‘Cordros Dollar Fund’ targets to raise about N720million ($2million) from the fund’s ongoing initial offering. Cordros Asset…