FG to auction N150bn bonds on Jan. 30

The Debt Management Office (DMO) says the Federal Government is to auction by subscription N150 billion worth of bonds on Jan. 30. The DMO said in a circular on its website on Wednesday in Abuja, that the five-year re-opening bonds of N50 billion to mature in April 2023 would be offered at 12.75 per cent. It said that the seven-year re-opening bonds also of N50 billion to mature in March 2025 would be auctioned at 13.53 per cent. It added that the 10-year bonds of N50 billion, which would be…

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