Resumen de Nigeria GDN pilots new vehicle for EM investment.
The article offers information on the local bonds issued by Nigeria in the form of global depository notes (GDN). Topics covered include the benefits of the bond offerings to international investors, the U.S. tax issues associated with the GDN issues, and the mechanics of Nigeria's GDN. Also mentioned is an optimism about the issuance of similar local bond structure from other African countries.
