Nigeria's leading finance and market intelligence news report.

UPDATED: Nigeria to issue first ever 30-year bonds in 2019

....DMO puts total debt stock at N24.387trn as at end 2018

Nigeria’s federal government will for the first time issue 30-year tenored bonds in 2019, given the relatively low interest rates compared with 2017 levels of over 18 percent, the Debt Management Office (DMO) has announced. The debt office said on Thursday that the bonds issuance will meet the needs of annuity funds and other long term…

Subscribe to BusinessDay to read full article – N1000 for 1 Month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.