The Debt Management Office (DMO) has announced the result of the third Sovereign Sukuk for which it offered N150 billion to investors. The Offer attracted a very high level of subscription from investors with total subscriptions of N669.124 billion, representing a subscription level of 446 per cent. The impressive demand for the Sukuk came from a wide range of investors which included Ethical Funds, Insurance Companies, Fund Managers and Retail Investors amongst others. This participation by a wide range of investors is in line with the DMO’s objectives of diversifying…
Read moreFG Sukuk records 446% oversubscription
