Eurobonds accounts for 5th of Nigeria’s $66.6b foreign debt

Eurobonds make up more than a fifth of Nigeria’s total foreign debt portfolio of $66.63 billion as of September and more than half of interest paid in the third quarter, the Debt Management Office (DMO) said on Wednesday.

Foreign debt stood at $59.82 billion a year earlier.

The DMO said domestic debt stood at 20.37 trillion naira ($67 billion) by Sept compared with 16.88 trillion naira last year.

($1 = 305.8000 naira)

 

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