Investors flood Nigerian bond market despite reduction in rates
The interest rate for the latest offer is lower than the offer announced in the previous month.
The interest rate for the latest offer is lower than the offer announced in the previous month.
The DMO has disclosed that the new capital raising which the Presidency requested from the Senate has already been approved.
The DMO stated that the loan facility was captured in the 2021 budget.
The DMO has announced the offer for subscription of the May 2021 Federal Government Savings Bond to investors.
The Debt Management Office revealed that Sukuk funding is currently rehabilitating the Outer Marina Road in Lagos.
The amount to be raised is expected to be within the external borrowing plans for 2021.
The DMO has listed its third sovereign Sukuk on the Nigerian Stock Exchange and the FMDQ Securities Exchange.
The FG has announced plans to step up its use of sovereign guarantees to fund infrastructural development.
The FEC has approved a new Medium Term Debt Management Strategy (MTDS) for Nigeria.
FGN bond offer has received a total bid of N238.28 billion across all tenors.
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