NEWS! FG Set To Auction N135billion Bonds To Nigerians -Check Out Details

Date: 20-09-2017 10:00 am (6 years ago) | Author: onuigbo felicia
- at 20-09-2017 10:00 AM (6 years ago)
Online (f)

The Federal Government has offered for subscription by auction N135 billion worth of bonds in its Sept. 27 auction, the Debt Management Office (DMO) said.
 
The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N35 billion of a bond maturing in July 2021 at 14.50 per cent.
 
It would also sell N50 billion at 16.28 per cent to mature in March 2027, while another N50 billion of paper would be sold at 16.24 per cent to mature in April 2037.
 
All the bonds on offer are re-openings of previous issues, the circular said.
 
Nigeria issues sovereign bonds monthly to support the local bond market, create a benchmark for corporate issuance and fund its budget deficit.


Posted: at 20-09-2017 10:00 AM (6 years ago) | Addicted Hero
- ruthie at 20-09-2017 11:04 AM (6 years ago)
(f)
good move...the interest rate is high...i will sure think about investing here..it is safe n secure!
Posted: at 20-09-2017 11:04 AM (6 years ago) | Hero
Reply
- Oworen25 at 20-09-2017 11:08 AM (6 years ago)
(m)
Make i go buy my own
Posted: at 20-09-2017 11:08 AM (6 years ago) | Hero
Reply
- Floyd29 at 22-09-2017 06:10 AM (6 years ago)
(f)
Ok still watching
Posted: at 22-09-2017 06:10 AM (6 years ago) | Gistmaniac
Reply
- BournIdentity at 25-09-2017 07:04 AM (6 years ago)
(m)
Roll Eyes                                                                           
Posted: at 25-09-2017 07:04 AM (6 years ago) | Addicted Hero
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