In a circular made available to the public, the Debt Management Office (DMO), yesterday, disclosed that it has been authorised to receive applications for Federal Government’s fresh N100 billion worth of bonds. According to the DMO, the bonds would be auctioned on Wednesday, May 22,…
Investors oversubscribe March FGN Bonds by N140bn
The Debt Management Office on Wednesday said that FGN Bonds offered to investors for the month of March was oversubscribed by N140bn. In a statement made available to our correspondent in Abuja, the DMO said it offered N100bn bonds but…
Bad outing for bonds as investors shun auctions
The Debt Management Office (DMO) says it raised N56.05 billion in a bond auction on Wednesday, which is less than half of the amount offered. The DMO had offered N135 billion worth of bonds maturing in 2021, 2027 and 2037…