DMO auctions four FGN bonds valued at N360bn

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The Debt Management Office, on behalf of the Federal Government of Nigeria (FGN), has offered for subscription four FGN bonds for August 2023 via auction.

According to the offer circular released recently by DMO, the first is an April 2029 FGN bond valued at N90 billion at an interest rate of 14.55 per cent per annum.

There is also the June 2038 FGN bond valued at N90 billion, at an interest rate of 15.45 per cent per annum. . They are offered at N1,000 per unit, subject to a minimum subscription of N50 million and in multiples of N1,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in LOANS

Loans Loans Latest News, Loans Loans Headlines