DMO Plans to Sell N180-N240bn of Bonds in Q3

Nigeria plans to issue N180 billion to N240 billion of five and 20-year bonds in the third quarter, the Debt Management Office (DMO) said on Monday.
The DMO raised N210.22 billion ($1.1 billion) through government bond sales in the second quarter.
The debt management office plans to sell the 15.54 percent 2020 bond at auctions in July, August and September with N35-N45 billion on offer each month.
It said it would also offer the 12.1493 per cent 2034 bond in July, August and September with N25-N35 billion on offer each month ($1=N198.9000).

Leave a Reply

Your email address will not be published. Required fields are marked *