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BOAD Issues Historic €1bn, 15-Year Bond on International Market

By Ayomide Otitoju The West African Development Bank (BOAD) has reached a major milestone with the successful completion of a historic €1 billion bond issuance on the international capital market, featuring a 15-year maturity — the longest euro-denominated benchmark bond ever issued by an African multilateral development bank (MDB). The issuance drew overwhelming investor demand,…

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