Investors snap up AG Mortgage Bank’s N3.97b CP with 100% subscription

By Babajide Komolafe AG Mortgage Bank Plc has significantly bolstered its liquidity position after investors completely snapped up its N3.97 billion Series 2 and 3 Commercial Paper (CP) issuance. By achieving a 100 percent subscription rate, the bank has secured critical, cost-effective short-term funding that will enable it to scale its mortgage financing operations and accelerate […] The post Investors snap up AG Mortgage Bank’s N3.97b CP with 100% subscription appeared first on Vanguard News.

By Urowayino Jeremiah