Nigeria, others’ Eurobonds hit new lows

Prices for Eurobonds from Nigeria and many commodity-exporting emerging markets have fallen sharply this week on fears that the latest metals price reversal will hit the ability to repay debt, especially in some African countries. According to Reuters, a major casualty of the metals’ price plunge is Glencore , whose bonds and shares have tanked […]

Nigeria, others’ Eurobonds hit new lows

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