FG offers N150bn bond for subscription in May

The Debt Management Office on behalf of the Federal Government of Nigeria has offered for subscription by auction the following:

  • N50 billion bond at the rate of 16.2884% due in March 2027.
  • N50 billion bond at the rate of 12.50% due in March 2035.
  • N50 billion bond at the rate of 14.80% due in April 2049.

The bonds which will be auctioned on May 19, 2021, have a settlement date of May 21, 2021.

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