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Fed Govt To Auction N150bn Bonds In March

Fed Govt To Auction N150bn Bonds In March     The Debt Management Office on Wednesday disclosed that the Federal Government will offer N150bn bonds for subscription in March. A circular by the DMO on its website showed that the breakdown of bonds comprised of three bonds worth...

FG Raises Savings Bonds, Opens March Offers

FG Raises Savings Bonds, Opens March Offers       The Federal Government is offering about 23 per cent increase on the interest or coupon payable on its current savings bond issue as government continues to increase returns on its debt issues in order to enhance the attractiveness...

Fed Govt’s February Bonds Oversubscribed By N39.51bn – DMO

Fed Govt’s February Bonds Oversubscribed By N39.51bn – DMO       The Federal Government’s bonds for February worth N150bn which were auctioned on Wednesday were oversubscribed by N39.51bn, the Debt Management Office, said on its website. The total subscription received from investors for the bonds was N189.51bn, comprising...

Fed Govt’s January Bonds Oversubscribed By N88.28bn

Fed Govt’s January Bonds Oversubscribed By N88.28bn       The Federal Government’s bonds for January worth N150bn which were auctioned on Wednesday were oversubscribed by N88.28bn, the Debt Management Office disclosed on its website. The total subscription received from investors for the bonds was N238.28bn, comprising of N91.84bn...

Fed Govt’s December Bond Oversubscribed By N70bn

Fed Govt’s December Bond Oversubscribed By N70bn       The Debt Management Office (DMO) said the N60 billion bond it offered for December had been oversubscribed by more than N70 billion. This was contained in a statement obtained from DMO’s website yesterday. “DMO offered N60billion at the FGN Bond...

FG Offers Three-year Bond At 2.76% Per Annum

FG Offers Three-year Bond At 2.76% Per Annum     The Federal Government of Nigeria is offering a coupon of 2.759 per cent as annual return to investors for a three-year bond and 1.759 per cent for a two-year bond under government’s monthly savings bond issuance programme. The...