The International Finance Corporation has brought its second Nigerian naira bond of the year, just one week after its first issuance in the currency since August 2015.
Autumn is approaching swiftly and, along with falling leaves and lengthening nights, it will bring US money market fund reform. But banks don't seem ready.
The MTN market, undeterred by volatility afflicting public issuance, has produced a respectable flow of deals since the UK voted last week to leave the European Union.