FG to Raise N70bn Naira  in 3-, 10-Year Bonds

The Federal Government plans to raise N70 billion ($432.50 million) in 3-year and 10-year bonds next week at its fifth debt auction of the year, Debt Management Office (DMO) said on Thursday.
The debt office said it would sell 35 billion naira apiece in 3-year and 10-year paper, using the Dutch auction system.
The debt notes are reopening of the previously issued. 

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