Tag: bonds

Net interest income, the difference between the interest banks charge on loans and what they pay out to depositors and ...

The bonds are a 14.55 per cent, April 2029 FGN Bond; a 12.50 per cent, April 2032 FGN Bond; and ...

According to the revised calendar, the DMO is scheduled to raise about N720 billion through some re-opened Federal Government of ...

Headline inflation rose to 31.7 per cent in July, from 29.8 percent in June, the 11th consecutive month of increase.

The DMO, however, explained that the calendar is provisional.

The DMO says units of sale is N1, 000 per unit, subject to a minimum subscription of N50 million.

The two-year bond will be due in May 2021 while the three-year bond will be due in May 2022.

The two-year bond will be due in March, 2021 while the three-year bond will mature one year after.

The three bonds in tenors of five years, seven years and 10 years were offered at the auction.

The offering attracted significant interest from leading global institutional investors.

Nigeria issues bonds to support local bond market, create benchmark for corporate issuance and also fund budget deficit.

While N151.82 million was allotted in March, N193.93 million was allotted in the April sales

Apple’s size and brand name allows the company to borrow cheaply.

Nigeria issues sovereign bonds monthly to support the local bond market.

About N160.7 million was allotted at 13.38 per cent.

All the bonds on offer are re-openings of previous issues, the circular said.

Fewer bonds were sold at the auction than the N140 billion anticipated

The minister inspected roads in the South East on Friday and Saturday.

Lagos is the first state to issue a bond since Nigeria’s recession in the second quarter of 2016.

The office said it would sell N35 billion of a bond maturing in 2036.

The three categories of bonds include a 20-year bond, a 10-year bond and a five-year bond.

The government also approved the floating of $300 million Diaspora Bonds. The Federal Government has approved a $170 million (N27 ...

Nigeria recently concluded a road-show in Europe. The Minister of Finance, Ngozi Okonjo-Iweala, said on Wednesday that Nigeria returned to ...

The Company plans to redeem and refinance its maturing obligations at the end of 2013 through 2014. Finance analysts have commended ...

SEC will raise local denominated bonds worth N100 billion