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DMO
News and analysis about DMO
Most Nigerian bonds quoted on FMDQ website are priced or quoted clean.
The Debt Management Office says the Federal Government savings bond has recorded a total of N13.44bn investment since its inception in March 2017.
The Federal Government's bond that was auctioned in July has been oversubscribed by 201%.
The Federal Government listed savings bonds valued at N278 billion on the Nigerian Stock Exchange (NSE) on Tuesday, July 23, 2019.
The Debt Management Office (DMO), will on behalf of the Federal Government auction fresh bonds valued at N145 billion for subscription.
According to data obtained from DMO, commercial loans gulps 58.99% of the $357.26m the Federal Government spent on debt servicing in 2019 Q1.
The DMO, on behalf of the Federal Government, has offered a two-year FGN Savings Bond, and a three-year FGN Savings Bond.
The Federal Government's bonds which auctioned on Wednesday, June 26, 2019, were oversubscribed by N60.13 billion, indicating an oversubscription rate of 60%.
Just a day after Patience Oniha of the Debt Management Office (DMO) disclosed that the Federal Government has no plan to return to Eurobonds market this year (2019), the debt office said it might issue some Eurobonds after all.
The Federal Government said it has no plans to return to Eurobonds market this year. The Director-General of the Debt Management Office (DMO), Patience Oniha, disclosed this yesterday while speaking during the Islamic Finance Conference in Lagos.
The Federal Government has offered for subscriptions another N100 billion bonds. According to a circular made available to the public, the Debt Management Office (DMO) disclosed that it has been authorised to receive applications for the bonds subscription.
The Debt Management Office (DMO) has listed its first Eurobonds on the FMDQ Securities Exchange and the Nigerian Stock Exchange (NSE).