FG to auction N135bn bonds on September 27
The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N35 billion of a bond maturing in July 2021 at 14.50 per cent.
Recommended articles
It would also sell N50 billion at 16.28 per cent to mature in March 2027, while another N50 billion of paper would be sold at 16.24 percent to mature in April 2037.
All the bonds on offer are re-openings of previous issues, the circular said.
ADVERTISEMENT
Nigeria issues sovereign bonds monthly to support the local bond market, create a benchmark for corporate issuance and fund its budget deficit.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Security, govt officials have turned banditry into business venture, Gov laments
Makinde signs monumental deal with Shell to build gas distribution network in Oyo
Tinubu set to commission 3 critical gas infrastructure projects
You won't believe how many Lagosians were arrested in 1 year for crossing highways
Man caught trying to smuggle snakes on plane — it's not the first time
Kwara public school wonderkid scores 95 in maths, 362 overall in UTME
70 plane passengers suffer diarrhea crisis during chaotic flight
Peter Obi sent a former Vice President’s son to beg me - Reno Omokri
Nigeria is first African country to acquire this device
ADVERTISEMENT