IFC, a member of the World Bank Group, is working with the Securities and Exchange Commission in Nigeria to launch the first long-term, local-currency bond program in the country. The program will allow IFC to issue a series of local-currency bonds totaling up to $1 billion, to deepen domestic capital […]
Tag: IFC
IFC to issue up to $1 billion in Nigerian naira bonds
The International Finance Corporation will launch a $1 billion local currency bond programme in Nigeria that will allow it to issue debt regularly to fund infrastructure and other development projects, it said on Wednesday. The IFC, the World Bank’s private sector arm, said the programme would help deepen domestic capital […]
Nigeria’s Exchange Lists N12 billion IFC Bond
Listing of N12billion of N1, 000 per unit of 10.2% Fixed Rate Senior Unsecured Notes Due 2018 IFC Bond on the Daily Official List of The Exchange on 26th March 2013. Source: NSE
