DMO to Re-open N260bn AUG-2030, JUN-2032 Bonds on Monday
[NigerianEye - Nigeria] - 25/10/2025
Nigeria’s Debt Management Office (DMO) will on Monday, October 27, reissue the Aug-2030 and June-2032 bonds to raise up to N260 billion, N130 billion apiece at an interest rate of almost 18%.The offer comprises two re-openings: N130 billion of the 17.945% FGN AUG 2030 (5-year tenor) and another N130 billion of the 17.95% FGN JUNE 2032 (7-year tenor).The settlement for the auctions, aimed at financing budgetary requirements, is scheduled for Wednesday, October 29.Attractive yields draw investor interest For the reopened issues, investors will bid based on yield-to-maturity levels at auction (…)
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