Why Zenith Bank’s $500 million Eurobond oversubscribed by 300 percent
Finance pundits have started looking at the factors considered by market makers to rush for the Zenith Bank’s $500 million Eurobond which resulted in the oversubscription. Business Hilights recalls that Zenith Bank, one of Nigeria’s largest banks, has announced that…
NSE, DMO partner to list $1bn first FX denominated FGN Eurobonds today
Today, the Nigerian Stock Exchange (NSE) would list the $1 billion Federal Government (FGN) Eurobond issued under Nigeria’s newly established Global Medium Term Note programme on the floor of the Exchange. A statement released by NSe said the 15-year domestic…
How Nigeria will gain from the proposed $64 Million ‘Green’ Bond
Thursday last week can best be described an epoch making day in a renewed drive to exit recession relying on the imports of the $500 million Eurobond which had already instilled confidence in financial policy makers and industry players. Unveiling…