Finance

FG to auction N150bn bonds

The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on June 17.

A circular by the DMO on Tuesday showed that a N40bn five-year reopening bond maturing in April 2023 would be offered at 12.75 per cent; a N50bn 15-year reopening bond maturing in March 2035 would be auctioned at 12.50 per cent; while N60bn 30-year reopening bond maturing in March 2050 would be auctioned at 14.8 per cent.

According to the DMO, the auction date is June 17 while the settlement date is June 19.

Related posts

Sterling Bank grows profit by 29%

Editor

Nigeria received $26b foreign aid in six years, says Minister

Our Reporter

IMF projects slow global economic growth in 2019

Editor

Concerns as more Nigerians fall prey to fake bank alerts

Editor

NECA advocates synergy between fiscal, monetary policies in 2020

Meletus EZE 

Oil marketers running at loss, forex affecting business, says stakeholder

Our Reporter