Nigeria: Low Yields Propel Frontier Debt Revival

18 June 2014

Investors are returning to the riskier, less developed bond markets in Africa and other frontier economies, burying memories of past setbacks and plunging in after global yields failed to rise as much as expected.

Stuck for a place to find yield, they are targeting frontier markets - a tier below the larger, more established emerging economies - in Africa as well as Asia, Eastern Europe and Latin America.

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