“They are backed by full faith and credit of the Federal Government of Nigeria, and are default risk-free,” she said.
“They also attract foreign investors into the domestic financial market, to refinance maturing domestic debt and to diversify sources of funding for the federal government. “FGN Bond is the flagship; it is the longest of the existing FGN Securities. It offers medium term to long term investments , from five years to seven years, to 10 years, 20 years and 30 years.
“When you invest in Eurobond you are owning dollar-denominated assets, and that adds foreign exchange exposure to your portfolio, while also boosting the nation’s external reserves,” she said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cordros Asset boosts long-term investment in child educationThe most widely read newspaper in Nigeria As my boss won primaries i be given 20k to people that follow me and retweet this post good luck
Source: MobilePunch - 🏆 8. / 63 Read more »
Akeredolu Lauds JB Farms 10,000ha Oil Palm Plantation Investment in Ondo StateGilbert Ekugbe The Ondo State Governor, Mr. Rotimi Akeredolu, has commended the JB Farms’ for investing in 10,000 hectares oil palm plantation in Ondo State. Akeredolu said that the investmen…
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
United Capital Investment Banking appoints Adenrele as managing directorUnited Capital Investment Banking has announced the appointment of Gbadebo Adenrele as its managing director. Adenrele has 16 years of work experience spanning across debt and equity capital market, corporate finance, and project finance. He is also an alumnus of the University of Lagos as well as Stern School of Business, New York University, and […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »