The Debt Management Office (DMO) has announced the issuance of bonds worth N450 billion in its upcoming auction scheduled for May 13, 2024. The offering forms part of the government’s monthly bond auction, aimed at supporting national financial requirements while…
The Debt Management Office (DMO) has opened the subscription offer for May FGN savings bonds, priced at N1,000 per unit. The two-year savings bond maturing on May 15, 2026, is to be offered at an interest rate of 17.407 percent…
The Debt Management Office (DMO) sold Treasury Bills (T.bills) valued at N2.669 trillion across its auctions in March 2024. This was contained in the FMDQ Markets Monthly Report for March seen by newsmen. The amount represents a 3.07 percent (N79.54…
The Debt Management Office (DMO) is seeking to raise N450 billion in its April bond auction billed to take place on April 15. This is in line with the agency’s plan to raise up to N1.8 trillion through FGN bonds…
The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a statement by the DMO, the first offer is a two-year FGN savings bond due on April…
By Sodiq Adelakun The Debt Management Office (DMO) of Nigeria has announced that the nation’s public debt has surged to a staggering $108 billion (approximately N97.34 trillion) as of the fourth quarter of 2023. In a statement released on Friday,…
The Debt Management Office (DMO), says appointment of Transaction Advisers for issuance of Eurobond is subject to approval of the Federal Executive Council (FEC). The Director-General of the DMO, Patience Oniha said this in an interview with journalists on Saturday…
The Debt Management Office (DMO), says appointment of Transaction Advisers for issuance of Eurobond is subject to approval of the Federal Executive Council (FEC). The Director-General of the DMO, Patience Oniha said this in an interview with the newsmen on…
In a recent bond auction, Nigeria’s Debt Management Office (DMO) faced a lukewarm response from investors, managing to secure just about half of its target amount. The office aimed to raise N2.5 trillion through the sale of seven and 10-year…
The Debt Management Office has offered two Federal Government of Nigeria bonds valued at N2.5 trillion for subscription at N1,000 per unit. The first offer is a seven-year bond valued at N1.25 trillion and expected to mature in February 2031.…
