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 the month of October. The details can be found below:
- N50 billion bond at the rate of 12.50%, due in January 2026 (10-Yr Re-opening)
- N50 billion bond at the rate of 16.2499%, due in April 2037 (20-Yr Re-opening)
- N50 billion bond at the rate of 12.98%, due in March 2050 (30-Yr Re-opening)
Auction date is on October 20, 2021 while settlement date is on October 22, 2021.