• Sunday, May 05, 2024
businessday logo

BusinessDay

FG to raise N105bn  in local currency bonds

The federal government plans to raise N105 billion ($527.6 million) in local currency-denominated bonds with maturities of five to 20 years on June 15, the debt Management Office said on Tuesday.
The Debt Management Office says it will raise N50 billion from a local bond maturing in 2036, N40 billion on paper maturing in 2026 and N15 billion on debt maturing in 2020.
All the debt notes are reopenings of previously issued paper.
Exit mobile version