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Bond yields rises 100 bps after INEC delays presidential election

Published by The Sun on Tue, 10 Feb 2015


Bond yields rose more than 100 basis points across maturities on Monday while stocks sank, after Nigeria delayed its presidential election, increasing uncertainty in Africas biggest economy, dealers said. The electoral commissions decision late of Saturday to postpone the Feb. 14 vote until March 28 added to political uncertainty which, along with a slump in [...]
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