FG announces N150bn bond offer for October

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.

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