FG to Raise N73.61bn in Bonds

The Federal Government plans to auction N73.61 billion ($446.80 million) in bonds with maturities ranging between 3 years and 20 years at an auction next Wednesday, the Debt Management Office (DMO) said on Thursday.
The DMO said it will sell N18.61 billion in 3-year bonds, N30 billion in 10-year paper and N25 billion in 20-year debt.
The securities are a reopening of previously issued bonds. ($1 = N164.75) 

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