Day: November 2, 2020
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US dollar Eurobond yields now higher than Naira yields?
The Naira yields of T-bills and Federal Government of Nigeria (FGN) bond are lower than its US dollar Eurobonds. This is highly unusual. See more below. FX Last week, the foreign exchange rate markets closed essentially flat, with the Naira depreciating by 0.05% against the US dollar to N385.95/US$1 in the NAFEX market (also known […]
