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Olugbemi. Adeyinka Ogunleye
2 days ago
Overview
JUST IN: Nigeria's new 10- and 20-year Eurobonds issued today attracted more than $12 billion in orders, making it the country's largest-ever orderbook.
FGN was aiming to raise $2.35B—which means a 400% oversubscription. Esp significant coming just days after the U.S. CPC designation—affirming resilience of investor confidence in Nigeria.
