Nigeria's Spending Splurge With Borrowed Cash Spells Bond PainBy
Naira bond yields could climb to 14 percent, Barclays says
Central bank liquidity measures keeping rates down for now
Record government spending -- and having to borrow to fund almost half of it -- spells trouble for investors in the bonds of Africa’s biggest oil producer.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.