Africa News Nigeria: Access Bank Nigeria's $ 41.5 million green bonds...

Nigeria: Access Bank Nigeria's $ 41.5 million green bonds approved by SEC


- Advertisment -

(Ecofin Agency) – In Nigeria, the Securities and Exchange Commission has granted access to its total bonds of NGN15 billion ($ 41.5 million).

This bond will have a maturity of five years and has an interest rate fluctuating between 14.90% and 15.10%. Investors' subscriptions are awaited between February 21 and 28. It is worth mentioning that Moody's rating for this bond is B2.

Access Bank is the first African bank to issue bonds that comply with the standard Climate Bond Initiative. In June 2018, the bank and the market regulator launched a program for the development of a green bond market in Nigeria.

Idriss Linen


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Filipino Positive For Coronavirus IN UAE – Philippine News

Another Filipino Tests Positive For The New Coronavirus In UAE FILIPINO POSITIVE FOR CORONAVIRUS – Health...

La BAD sur la situation du Sénégal : « d’énormes progrès mais du chemin reste à faire’’

iGFM-(Dakar) Le Sénégal est sur la bonne voie pour atteindre ses objectifs en matière de développement, mais le chemin...

Filipino among UAE’s new confirmed cases of novel coronavirus

Metro Manila (CNN Philippines, February 22) — A Filipino was one of two new confirmed cases of coronavirus disease...

Gulfood Dubai 2020 : Vinamilk signe un contrat de plusieurs millions d’USD

La Compagnie par actions de produits laitiers du Vietnam (Vinamilk) a signé un contrat de 20 millions de dollars...

ATP – Dubaï : Deuxième finale en deux semaines pour Rybakina, face à Halep

Aurélien CANOT, publié le vendredi 21 février 2020 à 17h54 Deux...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you