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Nigeria’s Eurobond sale draws record $13bn orders as investors pile in

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Nigeria’s Eurobond sale draws record $13bn orders as investors pile in

06 Nov, 2025

Nigeria successfully priced $2.35 billion in Eurobonds maturing in 2036 and 2046, marking the largest-ever orderbook achieved by the country and underscoring strong investor confidence in its macroeconomic policies and fiscal management. The 10-year, $1.25 billion bond, maturing in 2036, was priced at a coupon of 8.6308 percent, while the 20-year, $1.10 billion note due in 2046, carried a coupon of 9.1297 percent. The transaction, concluded Wednesday, attracted orders exceeding $13 billion, reflecting broad-based demand from investors across multiple jurisdictions, including the United Kingdom, North America, Europe, Asia, and the Middle East, the Debt Management Office (DMO) said in a statement.........................READ MORE