Fitch warns Nigeria’s $5 billion TRS debt restructuring raises debt, liquidity risks

Fitch Ratings has raised concerns over Nigeria’s use of Total Return Swaps (TRS) and repo transactions as alternative financing tools, warning that the structures could create transparency, liquidity, and…

Fitch Ratings has raised concerns over Nigeria’s use of Total Return Swaps (TRS) and repo transactions as alternative financing tools, warning that the structures could create transparency, liquidity, and…

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