IFC to issue $50m (NGN8 billion) Naija bond in Nigeria

From African Capital Markets News Sat Jan 26 2013, 04:08:16

The International Finance Corporation plans to issue a $50 million (NGN 8 billion) local-currency "Naija" bond in Nigeria to support the domestic capital markets and increase access to local-currency finance. IFC bonds are rated triple-A by Moody's Investors Service and Standard & Poor's.

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