Nigeria sold 75 billion naira worth of 5-year, 7-year and 10-year bonds maturing in 2017, 2019 and 2022 at a regular auction on Wednesday, the Debt Management Office (DMO) said on Thursday. The debt office said it sold 25 billion naira of each paper. The yield on the 5-year bond […]
Tag: Bonds.
NSE admits FGN’s 16% bonds into DOL
The Nigerian Stock Exchange has admitted the Federal Government of Nigeria’s 50 million 16 per cent June 2019 Bond into its Daily Official List. The Series 3 bond, named FG9B2019S3, is valued at N50bn and was admitted on Friday. The NSE’s report for the week ended July 6, 2012 noted […]
Bonds oversubscribed as equities tumble
The drop in equities listed on the Nigerian Stock Exchange and the resultant investor apathy has led to oversubscription of the Federal Government of Nigeria bonds since the beginning of this year. Our correspondent gathered on Monday that many domestic investors were becoming weary of the tumbling stocks on the […]
