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
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
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...
Zenith, 3 Other Banks Generate N281bn From T-Bills, Bonds
Despite low-yield environment, four leading banks generated N281bn from investing in Treasury Bills and Federal Government bonds in a half year ended June 30, 2019 audited result and accounts.
This is an increase of 19.5 per cent...
Fed Govt’s September Bonds Oversubscribed By N10.9bn
Federal Government’s September bonds were oversubscribed by N10.9bn.
The Debt Management Office disclosed this after it conducted the monthly auction of FGN bonds on Wednesday.
Three instruments¬ (five-year, 10-year and 30-year bonds) with a total face value of N150bn were...
FG Set To Auction Long Term Bonds At 14 %
As part of capital raising for the 2019 Budget, the Debt Management Office (DMO) is offering five, 10 and 30 year bonds at 12.8 percent (%) ,14.6 % and 14.8 % interest rates respectively. This...
