Rhombus advises Governments and sub‐sovereign entities on both strategic and tactical debt-management issues, including:
- Promoting the efficiency of the domestic bond market;
- Making local government securities Euroclear and Clearstream eligible, to enhance their international appeal;
- Refinancing to exploit favorable yield-curve developments; and,
- Defeasance strategies to optimize liability management.
Following intensive consultations with Nigeria’s Debt Management Office, the firm developed a capital‐markets based strategy to minimize the cost of servicing N92 billion (i.e. USD 717 million) in capitalized arrears relating to goods and services supplied by contractors to the Federal government.