The Federal Governmentof Nigeria FGN through the Debt Management Office DMO has offered green bonds valued at N100 billion for subscription at N1,000 per unit.
The DMO announced the offer on its Twitter handle yesterday.
DMO explained that the latest offer consists of a N50 billion five-years re-opening bond due in April 2029 and a N50 billion new seven-years bond due in June 2032 , both at an interest rate of 19.3 percent semi-annually.
The agency said the auction date is June 23, while the settlement date is on June 25.