BOND MARKET

Dangote Cement Plc, on Thursday, announced the successful issuance of its N100 billion Series 1 fixed rate senior unsecured bonds due April 2025. Mr Michel Puchercos, its Chief Executive Officer of the company, said in Lagos that the N100 billion bonds under its N300 billion bond programme, were 1.5 times...

The Debt Management Office (DMO) says N60 billion worth of Federal Government bonds will be up for subscription on April 22. The DMO said in a circular on its website on Wednesday in Abuja, that the five-year re-opening bonds of N20 billion to mature in April 2023 was offered at...

The Debt Management Office (DMO), said as at Feb. 29, the Federal Government had issued promissory notes valued at N968.09 billion across a number of sectors. It said this on Monday in a document obtained from its website by News Agency of Nigeria (NAN) detailing the breakdown of sector beneficiaries...

  The Federal Government has offered for subscription two-year savings bond at 4.131 per cent and three-year savings bond at 5.131 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained from the DMO website on Monday, the two-year bond will be due...

    The Debt Management Office (DMO) said the Federal Government of Nigeria realised N409.99 billion from the sales of bonds at its first debt auction this year on Wednesday. This represents biggest single sale ever as was overwhelmed by the huge subscription from investors at the auction even as...

  Foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39% of all bonds issued compared with the previous year when they bought 10.99%, a debt office presentation showed. The debt office said local fund managers bought most of the bonds in 2019, accounting for...

  The Debt Management Office (DMO) will today sell 2-year and 3-year Federal Government Savings Bond in its November 2019 issue. The savings bond attracts 10.296 per cent per annum premium for 2-year FGN Savings Bond due November 13, 2021, and 11.296 per cent per annum 3-year FGN Savings Bond...

The Senate has agreed with the Federal Government on the need to float a N10 trillion Infrastructure Bond towards creating a financial pool to meet funding gaps and road infrastructure deficit in the country. The Minister of Works and Housing, Babatunde Raji Fashola made the proposal when he appeared before...

  The Nigerian Stock Exchange (NSE) and the Luxembourg Stock Exchange (LuxSE) have signed a Memorandum of Understanding (MoU) to promote cross listing and trading of green bonds in Nigeria and Luxembourg. The NSE said the MoU was signed at the annual meeting of the World Federation of Exchanges in...

The Federal Government on Monday offered for subscription two-year savings bond at 11.244 per cent and three-year savings bond at 12.244 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained from the DMO website, the two-year bond will be due in October...