World Bank cautions Nigeria, others against Eurobonds
Interest payment on document debts against the share of government revenues at the current rate is not sustainable, an official ...
Interest payment on document debts against the share of government revenues at the current rate is not sustainable, an official ...
It would also sell N30 billion seven-year re-opening bond to mature in March 2025.
The government is appointing an auctioneer.
There are growing concerns over the country’s rising debt profile
The savings bond issuance is expected to help finance the nation’s budget deficit.
The governor accused his predecessor of sponsoring a false statement.
The DG says in spite of the debt figure, the country’s debt profile is still within the World Bank approved ...
The government announces pricing of $1.5 billion 10-year and $1.5 billion 30-year notes.
The DMO listed ‎four reasons such funds were better raised externally.
Lagos, Cross River and Kaduna are the states who paid highest to service debts.
The Agency says the Eurobond issuance will complement the 1.5 billion dollars raised from the international market in March 2017
The seven-year sukuk attracted a subscription of N105,878,320,000, according to the DMO.
Nigeria issues sovereign bonds monthly to support the local bond market.
All the bonds on offer are re-openings of previous issues, the circular said.
The government also offered a three-year bond at 14.1 per cent.
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