Non-Resident Holdings of Domestic Debt in Nigeria: Internal or External Driven?

Non-Resident Holdings of Domestic Debt in Nigeria: Internal or External Driven?
Foreign holdings of domestic debt instruments in Nigeria have been increasing. Using data over 2007M1-2019M1, we show that, on average, global factors (global interest rates, oil prices) seem to carry more weight than domestic factors (treasury bills rate and domestic risk) in foreign portfolio invetsors’ decisions in Nigeria. Specifically, we... READ MORE...

Publication date: May 2020
ISBN 9781513545370
$18.00

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