Nigerian T-bills Oversubscribed By N132bn     The Nigerian Treasury Bills auctioned for the month of May was oversubscribed by N132bn. The Debt Management Office disclosed this on its website on Wednesday, adding that a total of N33bn was offered while it recorded a total subscription of N165.56bn. The...

FGN Nov Bonds Oversubscribed By N102.35bn   The FGN bond auction by the Debt Management Office which took place on Wednesday was oversubscribed by N102.35bn. The DMO offered N150bn from three instruments (five-year, 10-year and 30-year bonds) for N50bn each, to investors at the auction. The total subscription...

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’s June Bonds Oversubscribed By N60.13bn The Federal Government’s bonds June worth N100bn, which was offered on Wednesday, was oversubscribed by over N60.13bn. Total subscription received from investors for the bonds was N160.13bn, comprising N39.34bn for 12.75 per cent FGN April 2023 bonds; N60.30bn for 14.55...

FGN’s 2nd Green Bond Oversubscribed By N17.93bn   The Federal Government of Nigeria’ second Sovereign Green Bond which was opened to the public on Monday, was oversubscribed by N17.93bn. As part of the efforts to support the Federal Government’s climate change initiative, the Debt Management Office issued...

Ecobank’s New $50m Eurobond Oversubscribed By 460% Ecobank Transnational Incorporated, ETI, the parent company of the Ecobank Group,announced on Thursday that it had successfully tapped the international capital markets for an additional $50m in Eurobonds due April 2024. It said in a statement that the bonds...