DMO offers subscription for two FGN bonds at N1000 per unit

Debt Management Office News

DMO offers subscription for two FGN bonds at N1000 per unit
FGN Bonds
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The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit.

The Debt Management Office has offered two Federal Government of Nigeria savings bonds for subscription at N1,000 per unit.The Debt Management Office has offered two Federal Government of Nigeria savings bonds for subscription at N1,000 per unit.

The Opening date for the offer is 12 August, the closing date is 16 August, the settlement date is 21 August, while coupon settlement dates are 21 November, 21 February, 21 May and 21 August. The debt management office also added that they are listed on the Nigerian Exchange Limited, and qualify as liquid asset for liquidity ratio calculation for banks.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The escalating food prices are worsening the country’s foreign exchange crisis as the country spent about $1.183 billion on the importation of food between the last quarter of 2023 and the first quarter of this year. This is contained in the sectoral utilisation of FX contained in the quarterly statistical bulletin of the Central…

Investors’ sustained interest in MTN Nigeria, Zenith Bank, and FBN Holdings, among other key stocks, drove the Nigerian Exchange Ltd. market capitalization to a gain of N270 billion or 0.48 per cent. Specifically, the market capitalization, which opened at N55.708 trillion, closed at N55.978 trillion. The All-Share Index also advanced by 0.48 per cent,…

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