BOND MARKET

The Federal Government has offered for subscription two-year savings bond at 11.19 per cent and three-year savings bond at 12.19 per cent per annum, the Debt Management Office (DMO) said. According to the offer circular obtained from the DMO website, the two-year bond will be due in June 2021, while...

    The Federal Government has offered for subscription by auction N100 billion worth of bonds in its June 26 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N30 billion of a five year re-opening...

The Debt Management Office  (DMO) on Friday listed its first Eurobonds on FMDQ Securities Exchange platform to fund the budget deficit and other financing needs of the Federal Government. The listing comprises dual-tranche 2.50 billion dollars and triple-tranche 2.86 billion dollars Eurobonds. Speaking at the listing in Lagos, Ms Patience...

  The Debt Management Office says the impact of the proposed limitation of commercial banks’ access to government securities on the market will depend on the actual mechanism provided by the CBN. Mr Oladele Afolabi, the Director, Portfolio Management Department, Debt Management Office (DMO), said this in an interview with...

The Federal Government of Nigeria (FGN) has disclosed plans to issue a second Green Bond of up to N15 billion. This was disclosed in a statement on Monday by the Debt Management Office (DMO). The statement reads, “Following the Federal Government of Nigeria’s (FGN’s) successful debut Green Bond Issuance of...

The Debt Management Office (DMO) has said that investors in the Federal Government bond once again showed strong preference for the 30-year bond that was introduced in April,. This was disclosed in a statement the DMO issued on Wednesday in Abuja, after the May bond auction where it offered three...

The Federal Government has offered for subscription of two-year savings bond at 11.74 per cent and three-year savings bond at 12.74 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 boss said the funds were borrowed to finance projects, fund budget deficit and meet maturing obligations, noting that 68.18 per cent of the debt are domestic. Debt Management Office (DMO) has said that Nigeria's debt profile is now N24.4trillion having added N2.96 trillion to the old...

The FGN Bond Auction for March 2019 conducted by the Debt Management Office (DMO) on Wednesday, March 27, 2019, at which N100 billion Bonds were offered, was oversubscribed just as in the Auctions for January and February 2019. A statement from the DMO said it “offered three instruments at the...

  Nigerian bond yields fell marginally, a day after the central bank unexpectedly announced am interest rate cut aimed at stimulating growth in Africa’s biggest economy, traders said. Nigeria’s central bank cut benchmark interest rate by 50 basis point to 13.5 per cent on Tuesday, its first reduction in the...