Fed Govt Borrows N13.6trn Via Bonds In Six Months Amid Rising Deficit Financing
The Federal Government’s bond offer and allotment rose by N1.99tn in the first six months of this year to N13.66tn, from the N11.67tn recorded in the corresponding period of last year.
The Financial...
Fed Govt November Bonds Oversubscribed By N117.15bn – DMO
The Federal Government’s bonds for November worth N150bn, which were auctioned on November 17, were oversubscribed by N117.15bn, the Debt Management Office has said.
The DMO said the total subscription received from investors was N267.15bn, with only...
Fed Govt To Auction N150bn Bonds In October
The Debt Management Office said on Tuesday that the Federal Government will offer N150bn bonds for subscription in October.
A circular by the DMO on its website showed that the breakdown of bonds consisted of three bonds worth...
DMO Raises N1.9trn From Bonds In Eight Months
As the debate over borrowings and Nigeria’s debt stock continues, analysts at FBNQuest Research, an arm of the First Bank Group, are presenting a line of argument indicating that the debt stock is still manageable at the...
September Bonds Oversubscribed By N184bn, Says DMO
Federal Government’s bonds worth N150bn for September, which were auctioned on Wednesday, were oversubscribed by N184.32bn, the Debt Management Office has said.
The total subscription received from investors for the bonds was N334.32bn, comprising N52.43bn for 13.98 per cent...
Dangote Cement Lists N150bn Bonds On NGX
The Nigerian Exchange Limited said on Tuesday that Dangote Cement Plc listed three N50bn tranches of bonds under the N300bn Debt Issuance Programme.
According to the NGX, the bonds are 3.64 million units of a three-year 11.25 per cent...