Nigeria: IFC issues naira bond
Issue 247
- 31 Jan 2013
| 1 minute read
The World Bank’s International Finance Corporation (IFC) has announced plans to issue a $50m local currency bond (equivalent to 8bn naira) to support Nigeria’s domestic capital markets and increase access to local currency finance. The IFC Naija bond will be the corporation’s first naira-denominated bond and the first placement by a non-resident issuer in the country’s domestic capital markets.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map
Register
