Nigeria's sovereign Eurobonds recorded price gains across the curve at the Friday close, pushing the average benchmark yield down 15 basis points to 7.08 per cent, according to Naija247news.
The rally followed improved sentiment towards frontier market debt and continued progress on Nigeria's fiscal and FX reform agenda.
Traders note that Nigerian Eurobonds continue to offer attractive risk-adjusted returns relative to peer emerging and frontier markets, subject to global rate volatility.
