FG Target N200bn Through Bond Auction
The Debt Management Office DMO on Thursday announced an offering of N200bn savings bonds.
According to the offer document on its website, one of the bonds was a reopening of the June 2032 bond with the coupon rate of 17.95 per cent.
The new five-year bond, FGN AUG 2030 of N100bn, doesn't have a coupon rate yet. The auction date for the bonds is Monday, with settlement expected on Wednesday.