The Federal Government is set to retire bonds amounting to N75 billion this week as it moves to jumpstart its strategic plan to tackle the nation’s huge domestic debt through a sinking fund. In the 2013 budget, the Federal Government had outlined a domestic debt management strategy that would enable […]
Tag: Federal Government of Nigeria
Domestic Debt: FG to Retire N75bn Bonds
The Federal Government is set to retire bonds amounting to N75 billion this week as it moves to jumpstart its strategic plan to tackle the nation’s huge domestic debt through a sinking fund. In the 2013 budget, the Federal Government had outlined a domestic debt management strategy that would enable […]
FG sold N781.25bn bonds in 2012
The Federal Government of Nigeria through the Debt Management Office sold a total of N815.15bn worth of FGN bonds in 2012, which is 5.57 per cent lower than the N863.27bn sold in 2011. Information obtained by our correspondent from the DMO website showed that the subscription level at the end […]
