Tag: FGN Bonds

Announcement of Monthly FGN Bond Auction- February 2016

February 3, 2016/NSE Amount & Tenor N40,000,000,000 – 15.54% FGN FEB 2020 (5-Year Re-opening) N50,000,000,000 – 12.50%FGN JAN 2026 (10-Year Re-opening) Auction Date: Wednesday, February 10, 2016 Settlement Date: Friday, February 12, 2016 Units of Sale: N1, 000 per unit subject to a minimum subscription of N10, 000 and in […]

DMO to Raise N270bn in First quarter

The Debt Management Office (DMO) is to raise between N200 billion ($1.26 billion) and N270 billion ($1.70 billion) from the sale of FGN bonds in the first quarter of 2014, according to its provisional calendar. The issuance shows an increase of N65 billion or 32.5 per cent and N35 billion […]