Nigeria: FG raises $2.2bln in Eurobond to fund 2024 budget deficit

The Federal Government has raised US$2.2 billion Eurobonds maturing in the international capital markets in 2031 (6.5-year) and 2034 (10-year) to finance the 2024 fiscal deficit and support the government’s budgetary needs. The Debt Management Office (DMO) announced in a statement on Monday that “The Federal Government has successfully priced US$2.2 billion in Eurobonds maturing…