Nigeria sidesteps EM rout with $7.9m inflow to bonds last week
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US-based investors are buying Nigeria’s domestic debt amid a rout in emerging markets that has snowballed into five straight weeks of outflows, according to data obtained from the Bloomberg terminal. As investors pulled the most money in more than a year from US-listed exchange-traded funds that buy emerging market stocks and bonds in the…
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The post Nigeria sidesteps EM rout with $7.9m inflow to bonds last week appeared first on BusinessDay : News you can trust.