• FG to raise N240bn in bonds in Q4 – DMO

    FG to raise N240bn in bonds in Q4 – DMO

    Nigeria has planned to raise between 250 billion and 340 billion naira ($794.91 million-$1.08 billion) in local currency-denominated bonds in the fourth quarter, the Debt Management Office (DMO) said yesterday.

    The debt office said it would auction between 90-120 billion naira worth of bonds maturing in 2021, 70-100 billion naira in the debt maturing in 2026 and 90-120 billion naira worth in the paper maturing in 2036.

    In its latest issuance calendar, the debt office said the bonds will be re-opened from […]