FGN Bond

Federal Government launches a ₦1.1 trillion FGN bond offer through the Debt Management Office (DMO) to raise long-term domestic financing. Three bond re-openings with coupon rates of 22.60%, 16.2499% and 15.45% will be auctioned on August 17, with...

April 01, (THEWILL) — Nigeria’s Federal Government bond auction recorded strong investor demand in March, with total subscriptions reaching N931.5 billion about 4 percent above the N750 billion offered. Despite the oversubscription, total allotments declined by 7.4 percent to N485.49...

August 16, (THEWILL) – The federal government has launched a $500 million FX-denominated domestic bond. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who unveiled the Series I USD500 million domestic FGN US dollar bond on Thursday,...

February 20, (THEWILL) - The Debt Management Office (DMO), has raised the sum of N1.495 trillion Federal Government of Nigeria (FGN) Bonds at its monthly Auction for February 2024. This was disclosed on Tuesday, by the DMO in a statement...

July 26, (THEWILL) - The Development Bank of Nigeria Plc (DBN) has issued a N23 billion bond issuance as part of its N100 billion medium-term bond program to accelerate funding of the critical sectors, especially the micro, small and...

BEVERLY HILLS, December 30, (THEWILL) - Investment analysts and financial market experts have adduced factors underlying the oversubscription of the December 2020 FGN N60 billion bond – when investors are exiting the fixed income market for equity. The Federal Government of...