Debt Management Office plans N150bn bonds auction in March

Debt Management Office Bond Auction

Debt Management Office plans N150bn bonds auction in March   The Debt Management Office (DMO) has disclosed that the Federal Government will offer N150 billion bonds for subscription in March. A circular by the DMO on its website seen on Thursday showed that the breakdown of bonds comprised of three bonds worth N50 billion each. They are 10-year reopening bond to be offered at the rate of 16.888 per cent and to mature in March 2027; a 15- year reopening bond to be offered at 12.5 per cent and mature…

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