The Debt Management Office on behalf of the Federal Government of Nigeria has announced that it is offering for subscription by auction N150 billion bonds in April 21.
DMO is authorized to receive applications for the following:
- N50 billion bond at the rate of 16.2884% whose maturity is March 2027
- N50 billion at the rate of 12.50% whose maturity is March 2035
- N50 billion at the rate of 9.80% whose maturity is July 2045
According to the DMO, the bonds which would be auctioned on April 21, 2021 have a settlement date of April 23, 2021.