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In 11 Months, Investors Reap N112bn From Bonds

In 11 Months, Investors Reap N112bn From Bonds   The Federal Government has paid a total of N112.42bn as interest on fresh bonds issued from July 2018 to May 2019, data obtained from the Debt Management Office has shown. The interest payments were made between January and...

FG To Offer N150bn Bonds November 20, Says DMO

FG To Offer N150bn Bonds November 20, Says DMO   The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on November 20. A circular by the DMO on Wednesday showed that a N50bn five-year reopening bond maturing in April...

FG’s October Bonds Oversubscribed By N105bn, Says DMO

FG’s October Bonds Oversubscribed By N105bn, Says DMO   The Federal Government’s bonds for the month of October worth N150bn, which were auctioned on Wednesday, were oversubscribed by N105.99bn, the Debt Management Office disclosed this on its website. The total subscription received from investors for the bonds...

NSE Lists Union Bank’s N30bn Bonds

NSE Lists Union Bank’s N30bn Bonds   The Nigerian Stock Exchange has listed Union Bank of Nigeria Plc’s N30bn10-Year bond. The NSE said in a notice that the N30bn bond was listed at 16.20 per cent interest rate under the bank’s N100bn debt issuance programme. Describing the bond...

FG To Auction N150bn Bonds On October 23

FG To Auction N150bn Bonds On October 23   The Debt Management Office has said that the Federal Government will auction N150bn worth of bonds by subscription on October 23. A circular by the DMO on Wednesday showed the breakdown of the figure to include a N50bn...

13 States Generate N346bn From Bonds

13 States Generate N346bn From Bonds   A total of 13 states raised N346bn revenue from bonds between 2013 and 2017, data obtained from the Securities and Exchange Commission showed. An analysis of the data revealed that Lagos State Government topped the list with a total of...