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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