The instruments on offer are a N300 billion, 22.60 per cent January 2035 bond and a N300 billion, 16.2499 per cent April 2037 bond. The bonds are offered at N1,000 per unit.
Nigeria made history in 2017 as the first African country to issue a sovereign green bond, positioning itself within the fast-growing global sustainable finance market.
According to a release by the DMO, the first offer is a two-year savings bond due on March 11, 2028, at an interest rate of 12.906 per cent per annum.
The statement said bonds were backed by the true faith and credit of the federal government and were charged upon the general assets of Nigeria.
The federal government, through the Debt Management Office, has offered three FGN bonds, valued at N900 billion, for subscription at N1,000 per unit.
The total assets stood at N25.95 billion. Its gross margin soared to 49.5 per cent during the half-year, an increase from 39.1 per cent in the first half of 2024.
The federal government, through the Debt Management Office, has offered the Green Bond valued at N50 billion for subscription at N1,000 per unit.
The second offer is a three-year FGN savings bond due on June 11, 2028, at an interest rate of 17.121 per cent per annum.
Twenty-three equities appreciated in price during the week, lower than 43 equities in the previous week.
The company generated N197 billion in revenue; a 63 per cent increase from 2023.
