The Debt Management Office (DMO) has offered four federal government bonds valued at N360 billion for a subscription via auction at N1,000 per unit.
The Debt Management Office (DMO) has reopened three federal government bonds valued at N225 billion for subscription for October.
According to the DMO, the bonds are subject to a minimum subscription of N50 million and in multiples of N1,000 thereafter.
The first offer is a two-year savings bond due on August 10, 2024 at interest rate of 9.41 per cent per annum.
The bonds are N75 billion, 10-year re-opening FGN bonds at 12.5 per cent interest rate and another N75 billion, 20-year re-opening FGN bond at 13 per cent interest rate.
