Nigeria’s Public Debt Rises To N25.7trn   The nation’s total public debt rose by N3.32tn in one year to N25.7tn as of the end of June 2019, the Debt Management Office said on Tuesday. The Federal Government owed N20.42tn as of June 30, 2019 while the 36...

DMO Offers Multiple Bonds At 11% And 12% Interest Rates     As part of capital raising for the 2019 Budget, the Debt Management Office (DMO) is offering two and three years savings bonds for the month of September at 11 percent and 12 percent interest rates...

Nigerian Treasury Bills Oversubscribed By N204.7bn   The Nigerian Treasury Bills auctioned on Wednesday was oversubscribed by N204.7bn, the Debt Management Office revealed in its auction result on Wednesday. A total of N133.97bn was offered comprising N10bn (91-day tenor), N17.6bn (182-day tenor), and N106.37bn (364-day tenor). It recorded...

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...

Bonds: FG Rakes In N620bn In 6 Months   The Federal Government recorded a total of N619.63bn from debt securities issued in the first half of the year. These debt securities include Federal Government bonds, savings bonds and green bonds. Statistics obtained from the Debt Management Office on...