BOND MARKET

  The Federal Government has offered for subscription by auction N150 billion worth of bonds in its Sept. 25 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N45 billion of a five year re-opening issue...

  The Debt Management Office (DMO), says that the September savings bonds’ offer of the Federal Government has opened for transactions. The DMO said in a circular on its website obtained by the News Agency of Nigeria (NAN) on Monday that the two-year bonds were being offered at 11.15 per...

    The Debt Management Office (DMO) on Wednesday issued N59.53 billion Federal Government bonds for the three tenors it offered to various investors who subscribed at the auction. The DMO said this in a statement it issued in Abuja after the auction. It said it offered N40 billion for...

  The Debt Management Office (DMO) says N324.4 million was allotted to 408 subscribers during its sale of savings bond in August. The results of the sales obtained from the DMO website on Friday in Abuja, showed that N81.03 million was allotted for Aug. 2021 at 10.301 per cent. It...

  The Federal Government on Monday offered for subscription two-year savings bond at 10.301 per cent and three-year savings bond at 11.301 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...

The third 2019 Bond auction  by the Federal Government of Nigeria (FGN) in July was said to have recorded oversubscription by over 207.6 per cent. The Debt Management Office (DMO) said in a statement on Wednesday that it offered three Instruments of five-Year, 10-Year and 30-year tenors valued at about...

Debt Management Office (DMO) of Nigeria on Tuesday listed on The Nigerian Stock Exchange, the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743 per cent a 73-basis point discount from the 16.47 per cent rental rate of the...

The Federal Government has offered for subscription by auction N145 billion worth of bonds in its July 24 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Thursday in Abuja, stated that it would sell N40 billions of a five year re-opening issue maturing...

  Ecobank Nigeria has said that it plans to repay the $250 million outstanding Eurobond on August 14, 2019, two years ahead of its maturity date. The bond was issued in August 2014 with 8.75 per cent rate to one of the bank’s largest subsidiaries; EBN Finance Company BV and...

Nigeria’s total public debt rose to N24.947 trillion as of March 31, from N24.387 trillion as of December 31, 2018, growing marginally by 2.30 per cent, the Debt Management Office said. A statement issued by the office on Wednesday in Abuja said that the debt stock comprises of domestic and...