{"id":14589,"date":"2025-11-05T10:48:51","date_gmt":"2025-11-05T08:48:51","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/nigeria-launches-2-25-billion-eurobond-sale-as-it-shrugs-off-us-military-threat\/"},"modified":"2026-02-27T16:27:07","modified_gmt":"2026-02-27T14:27:07","slug":"nigeria-launches-2-25-billion-eurobond-sale-as-it-shrugs-off-us-military-threat","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/nigeria-launches-2-25-billion-eurobond-sale-as-it-shrugs-off-us-military-threat\/","title":{"rendered":"Nigeria launches $2.25 billion Eurobond sale as it shrugs off US military threat"},"content":{"rendered":"<p>Nigeria launched the sale of $2.25 billion of Eurobonds this Wednesday, the bookrunner said, after markets largely shrugged off threats from United States (US) President Donald Trump of potential military action in the country.<\/p>\n<p>&nbsp;<\/p>\n<p>The West African oil producer will use the money to cover the government&#8217;s fiscal deficit, according to bookrunner Chapel Hill Denham.<\/p>\n<p>&nbsp;<\/p>\n<p>Trump on Sunday threatened military action in Nigeria if the country did not crack down on the killing of Christians. The following day Nigeria&#8217;s long-dated sovereign bonds slipped, with the 2051 issue falling roughly 0.5 cents before retracing some of the losses.<\/p>\n<p>&nbsp;<\/p>\n<p>Several African countries have returned to Eurobond markets in recent weeks to capitalize on a drop in interest rates and robust demand from investors, and total emerging market sovereign debt issuance hit a record high this year.<\/p>\n<p>&nbsp;<\/p>\n<p>Nigeria&#8217;s sale includes a dual tranche for 10 and 20 years at 9.125% and 9.625%, according to Chapel Hill Denham.<\/p>\n<p>&nbsp;<\/p>\n<p>Congo Republic issued its first Eurobond in nearly 20 years on Wednesday, and Kenya and Angola issued new bonds last month.<\/p>\n<p>&nbsp;<\/p>\n<p>Nigeria&#8217;s parliament previously approved plans to borrow $2.85 billion from international debt markets.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":14590,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14589","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Nigeria launched the sale of $2.25 billion of Eurobonds this Wednesday,","published_date":"2025-11-05 12:47:53","news_description":"Nigeria launched the sale of $2.25 billion of Eurobonds this Wednesday,","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14589\/revisions"}],"predecessor-version":[{"id":19185,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14589\/revisions\/19185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14590"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14589"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}