Nigeria’s 2024 bond to be added to JP Morgan bond index on Aug. 29

Nigeria’s 2024 bond will be included in JP Morgan’s Government Bond Index-Emerging Markets (GBI-EM) on August 29, in addition to three other bonds already listed, a JP Morgan internal document released on Thursday showed.

The 10-year bond yield fell 22 basis points on Thursday’s trade to 11.97 percent on the inclusion in the index.

 

Reuters

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