Nigeria is looking for an international bank and a local lender to act as financial advisers for a $100 million diaspora bond to be issued by the end of the year, the Debt Management Office said on Wednesday. The advisers will coordinate investor road shows and support the bond’s registration […]
Tag: Debt Management Office
DMO sells N21bn in bonds, as yields rise
The Debt Management Office on Wednesday sold N21.05bn ($131.56m) worth of bonds with maturities ranging from five years to 20 years and all with higher yields at a Wednesday auction. Data from the DMO showed that all notes were re-opening of previously issued bonds, and the DMO sold only a […]
Nigeria to Sell Inflation-Linked Bonds Within 4 Years, DMO Says
Nigeria plans to sell inflation-linked bonds to address the concern of investors about the impact of inflation on the domestic debt market, the Debt Management Office said. “The inflation-linked bond is part of our 2013 to 2017 strategic plan,†Abraham Nwankwo, director general of the agency known as DMO, told […]
