Nigeria debt yields seen slightly up, Kenya's to fall

Yields on Nigerian bonds could edge higher next week after turbulence in the money markets following the postponement of a presidential election in Africa's biggest economy. "A number of investors are selling their bonds because of the negative outlook on the economy by Standard and Poor and fear the naira could lose more value ahead of the election," one trader said. The 2022 debt note closed at 16.68 percent against 15.21 percent, while the 2024 bond was closed at 16.70 compared with 15.2 perc