FG to borrow at a higher cost as global interest rates spike

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Starting the year with the two and three-year Federal Government Savings Bonds, the Debt Management Office announced it would raise the 2- and 3 -year notes at 7.542% and ...

s if the COVID-19 pandemic was a good thing, global interest rates were maintained at historic low levels over the past two years, as monetary policy authorities across the world lowered interest rates to cushion the impact of the pandemic.

 

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