Nigerian Government Bond Subscriptions Decline 45% Despite Higher Yields

Investor demand for Nigerian government bond subscriptions fell by 45.6% in May, reaching N516.17 billion, even though the government offered higher interest rates at auction.

20 May, 03:14 — 20 May, 03:14

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punch-ngMostly Factual36m ago

FGN bond subscriptions drop 45% despite higher yields

Investor demand for FGN bond subscriptions dropped by 45.6% in May, falling to N516.17bn despite the government offering higher interest rates at auction. Read More: https://punchng.com/fgn-bond-subscriptions-drop-45-despite-higher-yields/

By Punch Newspapers

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Nigerian Government Bond Subscriptions Decline 45% Despite Higher Yields

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FGN bond subscriptions drop 45% despite higher yields

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