Tag: Debt Management Office

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

Fund Manager, African Local Currency Bond Fund, James Doree, said the maiden corporate green bond in Nigeria sets the benchmark ...

“Total bids received from investors for the bonds exceeded N234 billion, with a total subscription level of 156 per cent."

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

The figure is lower than N70bn offered.

“I can confirm to you government made good its promise to deliver promissory notes to marketers on Friday."

The government offers to pay N236 billion to the marketers on or before December 14.

Marketers had earlier countered the government's claims that they had reached an agreement.

The two-year bond will be due in December 2020 while the three-year bond will be due in December 2021.

“We hope that the debts will be paid in full to the oil marketers as soon as possible."

An official says the processes for payment are ongoing.

"The nation’s debt as at today was $73 billion, an increment of $10 billion from the $63 billion inherited in ...

The two-year bond will be due in September 2020.

The report stated that in five consecutive years, the federal government’s bonds witnessed over subscription.

The offer would close on Friday.

"The National Assembly passed the budget last week and we know it was higher than what the executive presented."

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

Nigeria issues sovereign bonds monthly to support the local bond market, create a benchmark for corporate issuance and fund its ...

The government will sell N50 billion of a bond maturing in July 2021 and another N50 billion to mature in ...

The DMO says action will not lead to an increase in public debt.

The government listed the projects to be executed.

Before now, the practice was to rollover treasury bills at maturity.

The N100 billion is meant for construction of 25 roads across Nigeria.

The government says money is intact.

The minister said 17 coaches are expected to arrive in November.