DMO reopens three FGN Bonds valued at N225 billion
The Debt Management Office (DMO) has re-opened three Federal Government of Nigeria (FGN) Bonds valued at N225 billion for subscription, for the month October.
According to a statement by the DMO, the bonds are a 14.55 per cent, April 2029 FGN Bond; a 12.50 per cent, April 2032 FGN Bond; and a 16.24 per cent, April 2037 FGN Bond.
The bonds have original tenors of 10 years, 10 years and 20 years, respectively.
Opening date for the auction is Oct.17, while the settlement date is Oct.19.“
The bonds are offered at…