August 5, 2019 / 4:21 PM / 3 months ago

Nigeria's Access, Union Bank issue 30 bln naira bonds

LAGOS, Aug 5 (Reuters) - Nigeria’s Access Bank and Union Bank have each issued a 30-billion-naira bond as yields decline on the local currency debt market, lead banks said on Monday.

Access Bank sold a seven-year bond at 15.5% while mid-tier rival Union priced its 10-year bond at 16.2%. (Reporting by Chijioke Ohuocha, editing by Deepa Babington)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below