ACCION Microfinance Bank completes N5bn Series 2 commercial paper issuance

What's the deal? ACCION Microfinance Bank has completed a N5bn Series 2 commercial paper issuance, which was fully subscribed by investors. The offer opened on 27 July 2026 and closed on 4 August 2026, with a 364-day tenor and an implied yield of 23.50%.

Why it matters. The issuance provides funding for the bank's lending activities and reflects investor demand for its commercial paper.

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