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DMO Issues Fresh N360bn Bond

DMO Issues Fresh N360bn Bond   The Debt Management Office (DMO) has announced the issuance of four bonds of N90bn each. In a statement yesterday, the office said there are offers for subscription by auction and that it is authorised to receive applications for “N90bn with 13.98%,...

Lagos State Govt Raises N137.3bn Bond To Fund Infrastructure

Lagos State Govt Raises N137.3bn Bond To Fund Infrastructure   Lagos State has signed a 10-year Bond to raise N137.3billion to finance key infrastructural projects in the state. The 13 per cent Fixed Rate Series IV Bond Issuance, under the N500 billion Fourth Debt Issuance Programme, is...

FMDQ Exchange Lists BUA Cement’s N115bn Bond

FMDQ Exchange Lists BUA Cement’s N115bn Bond       FMDQ Securities Exchange Limited has announced the admission of the BUA Cement Plc N115bn Series 1 Fixed Rate Senior Unsecured Bond under its N200bn Bond Issuance Programme, for listing on its platform, as approved by the Board Listings...

Fed Govt To Offer N30bn Bonds In October

Fed Govt To Offer N30bn Bonds In October       The Debt Management Office has said that the Federal Government would auction N30bn worth of bonds by subscription on October 21. A circular by the DMO on Thursday showed the breakdown of the figure to include a N15bn...

NSE To Earn N5 On N1m Bond

NSE To Earn N5 On N1m Bond       The Nigerian Stock Exchange (NSE) will from today earn N5 on every N1 million worth of transactions at its fixed-income securities market. Under the new cost structure that takes effect today, the NSE will charge a fee of...

NSE Admits United Capital’s N10bn Bond

NSE Admits United Capital’s N10bn Bond     The Nigerian Stock Exchange (NSE) yesterday admitted United Capital Plc’s N10bn 5 Year 12.5 per cent Senior Unsecured Fixed Rate Series I Bonds Due 2025 under the N30bn Debt Issuance Programme on Daily Official List of the Exchange. The bond...