DMO offers N50bn green bond for subscription at N1,000 per unit
[NigerianEye - Nigeria] - 17/06/2025
The Debt Management Office (DMO) has offered green bonds valued at N50 billion for subscription at N1,000 per unit. The DMO announced the offer in a statement on Tuesday in Abuja. Green bonds are fixed-income, liquid financial instruments used to raise funds dedicated to climate mitigation, adaptation, and other environment-friendly projects. The agency said the latest offer is a five-year green bond due in 2030, at interest rates ranging between 18.75 percent and 19.25 percent per annum. The debt office said the offer, which opened June 16, will close on June 18, while the settlement date (…)
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