Nigeria's Eurobonds market continued its downward trend in March, with investors reassessing their risk exposure.
The market saw a significant increase in yields towards the end of the month, as bond prices declined across various maturities. This development is consistent with the overall bearish sentiment in the global bond market.
According to available data, the yield on Nigeria's 10-year Eurobond rose to 9.5 percent in March, up from 8.5 percent at the beginning of the month.
The decline in bond prices and the resulting increase in yields have significant implications for Nigeria's debt management strategy.
