Tag: Bonds
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DMO auctions 4 FGN bonds valued at N360bn
The Debt Management Office (DMO), on Tuesday announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion through auction. According to a statement issued by the DMO, the first
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DMO offers December FGN savings bonds
The Debt Management Office (DMO), on Monday, offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. The first offer is a two-year FGN savings bond due on Dec. 13, 2025, at
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FG reopens 4 bonds valued at N360bn for auction
The Debt Management Office (DMO), has on behalf of the Federal Government of Nigeria (FGN), listed four FGN bonds valued at N360 billion for auction. Announcing the bond auction, the DMO listed the first offer as a Feberuary 2028 FGN bond, valued
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DMO releases bonds issuance calendar for Q1-2022
The Debt Management Office (DMO) has released a calendar for the issuance of bonds for the first quarter of 2022 (Q1-2022). The calendar shows that on Jan. 16, DMO will issue a N70 billion to N80 billion, four years and 20 years Federal Government of Nigeria (FGN) bond, with an interest rate of 12.50 per…
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Investors showing high level of demand for FG bonds – DMO
The Debt Management Office (DMO), says investors have in recent months been showing high level of demand at Federal Government bond auctions, a development which continued at the auction for June. A statement issued by the organisation on Wednesday in Abuja, noted this was evident at an auction carried out by it where three instruments…
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FG offers N100bn worth of bonds on June 26
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 issue maturing in April 2023 at 12.75…
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Asia shares, bonds count on Fed to be accommodative
Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. Japan’s Nikkei advanced 0.59 per cent, and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.6 per cent. Shanghai blue chips climbed 1.6 per…
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FG to auction N115b bonds on Nov 21
The Debt Management Office (DMO) says the Federal Government is to auction by subscription N115 billion worth of bonds on Wednesday, November 21. The DMO said in a circular on its website on Tuesday in Abuja, that the five-year bonds of N35 billion to mature in April 2023 was offered at 12.75 per cent. The…
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FG to auction N70bn bonds May 23
The Federal Government has offered for subscription by auction N70 billion worth of bonds in its May 23 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N20 billion of a five-year re-opening issue maturing in April 2023 at 12.75 per cent.…
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FG makes N64.06bn from bonds in March 21 auctions – DMO
The Federal Government allotted N64.06 billion bonds in its March auction, as against the N70 billion earlier planned, the Debt Management Office (DMO) said. The result of the auction obtained from the DMO website on Thursday in Abuja, showed that the debt office sold N10.05 billion in five-year bonds at 13.40 per cent, and N45.10…