The Debt Management Office (DMO) says Nigeria has redeemed a $500 million Eurobond on its due date on July 12, 2023.
Eurobond is a debt instrument that’s denominated in a currency other than the home currency of the country or market in which it is issued.
In a statement on Wednesday, the DMO said the successful redemption of the Eurobond shows the country’s commitment to meeting its debt service obligations.
More to come…
