BOND MARKET

The Federal Government of Nigeria (FGN) will auction by subscription N100 billion worth of bonds on March 27, the Debt Management Office (DMO) has said. The DMO said in a circular on its website on Tuesday in Abuja, that the five-year re-opening bonds of N40 billion to mature in April...

Access Bank Plc said on Monday that a five-year Fixed Rate Senior Unsecured N15 billion Green Bond, the first climate bond to be issued in Africa, was fully subscribed. The bank’s Group Managing Director, Mr Herbert Wigwe, stated this at the bond-signing ceremony in Lagos. Green bond is a bond...

  The Debt Management Office (DMO) on Wednesday revealed that the Federal Government (FGN) bond auctions for February valued at N150 billion was offered in three instruments, for five, seven, and 10-year tenors. According to the DMO, total bids received from investors for the bonds exceeded N234 billion, with a...

The Federal Government on Wednesday allotted N116.99 billion worth of bonds to 109 successful bidders in its January auction, the Debt Management Office said. In the auction results obtained from its website in Abuja, the agency stated that three bonds in tenors of five years, seven years and 10 years...

The Federal Government received over N132 billion subscriptions from 2,073 investors for its N100 billion 7-year 15.74 per cent Sukuk offer, the Debt Management Office (DMO) has said. The DMO, in a statement in Abuja on Saturday, announced the result and added that the bond would be due in 2025....

        The Debt Management Office (DMO), has called for more private sector involvement in sovereign sukuk, to boost infrastructure development and support Federal Government’s efforts towards sustainable economy. With the success recorded on the first N100 billion Sukuk bond issued last year, the Federal Government, the DMO...

  The Debt Management Office (DMO) on Wednesday sold N39.52 billion Federal Government bond at the November edition of the monthly auction. Three Bonds in tenors of 5 years, 7 years and 10 years were offered at the Auction. Allotments were made to the successful bidders at 15.20 per cent...

The Federal Government of Nigerian on Wednesday announced the issuance of $2.86 billion aggregate triple bond series under its Global Medium Term Note Programme. This was contained in a press statement by the Ministry of Finance on Wednesday night which explained that the Notes comprise a $1.18 billion seven-year series,...

  The Debt Management Office (DMO) has said that the Federal Government would auction by subscription N115 billion worth of bonds on Nov. 21. The DMO said in a circular on its website on Tuesday that the five-year bonds of N35 billion to mature in April 2023 was offered at...

  First Bank of Nigeria said on Tuesday that it had redeemed a $300 million Eurobond before maturity and had paid all bondholders. The seven-year bond was issued in 2013 at 8.25 per cent and had been due to be repaid in 2020. First Bank announced its intention last month...