Earlier this month we reported on Debt Management Office decision to remove Nigeria from its Government Bond Index by the end of October, due to failing its liquidity and transparency tests. Now Nigeria's JP Morgan's has come out fighting, saying that the delisting was largely immaterial to the quality and liquidity of the country's securities.
Earlier this month we reported on JP Morgan's decision to remove Nigeria from its Government Bond Index by the end of October, due to failing its liquidity and transparency tests. Now Nigeria's Debt Management Office has come out fighting, saying that the delisting was largely immaterial to the quality and liquidity of the country's securities.