Fed Govt’s July Bonds Oversubscribed By N340.13bn
The Federal Government Bonds for the month of July worth N130bn, which were auctioned on Wednesday, were oversubscribed by N340.13bn, the Debt Management Office has said.
The total subscription received for the bonds was N470.13bn, comprising of N71.97bn for...
Fed Govt Borrowed N1.54trn Through Bond Auctions In H1’20
The Federal Government borrowed N1.54 trillion from domestic investors through bond auctions conducted by the Debt Management Office (DMO) in the first half of the year (H1’2020).
These include N1.37 trillion borrowed through the monthly FGN bond...
NSE Lists N100bn Dangote Cement Bonds
The Nigerian Stock Exchange has listed Dangote Cement Plc’s N100bn, five years 12.50 per cent fixed rate series 1 senior unsecured bonds due 2025 under the N300bn debt issuance programme.
The NSE, in a statement by the Head, Listings Regulation...
Fed Govt To Auction N150bn Bonds
The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on June 17.
A circular by the DMO on Tuesday showed that a N40bn five-year reopening bond maturing in April 2023 would be...
Bonds Yields Dip, Naira Strengthens After Rate Cut
The Federal Government’s five-year bond yield dropped by more than 200 basis points on Friday, after the Central Bank of Nigeria (CBN) cut Monetary Policy Rate to 12.5 per cent from 13.5 per cent.
Bonds yields fell across...
FG May Bonds Oversubscribed By N365.18bn
The Federal Government’s bonds for the month of May worth N60bn, which were auctioned on Wednesday were oversubscribed by N365.18bn, the Debt Management Office disclosed on its website on Wednesday.
The total subscription received from investors for the bonds was...
