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  • Bond yields rises after FG delays presidential election
 

Bond yields rises after FG delays presidential election

Bond yields rises after FG delays presidential election

by magna / Monday, 09 February 2015 / Published in Capital Market News

Bond yields rose more than 100 basis points across maturities on Monday while stocks sank, after Nigeria delayed its presidential election, increasing uncertainty in Africa’s biggest economy, dealers said. The electoral commission’s decision late of Saturday to postpone the Feb. 14 vote until March 28 added to political uncertainty which, along with a slump in…

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Source : BusinessDay

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