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African Finance Corp. issues $750 million 7-year Eurobond at lowest yield to date

The Lagos based, Pan-African multilateral development financial institution, African Finance Corporation (AFC), has successfully issued a Eurobond at its lowest yield to date. This is an indication of robust global investor interest in the African continent and the development financial institution which is dedicated to infrastructure financing and investment across key sectors in the continent. This disclosure is contained in a press statement issued by AFC a few days ago. According to the sta...
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