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Bond Markets
Monthly Bond market review and outlook
At the primary bond market, the August-2020 domestic bond auction received huge interest as safe investment vehicles remain limited in the country.
Notably, the auction was oversubscribed…
Fidelity Bank eyes N50bn bond to refinance existing debt
Nigerian mid-tier lender, Fidelity Bank Plc plans to issue up to N50 billion ($131.3 million) in local bonds by the fourth quarter (Q4) of 2020 to refinance existing debt amid falling…
DMO says alleged N1.08bn corruption scandal grossly false, malicious
The Debt Management Office (DMO) has described as false and malicious a report by a local Nigerian newspaper (not BusinessDay), alleging a N1.08bn corruption scandal in the organization.…
CBN offers N50bn after 5 weeks of non-issuance of OMO bills
After five weeks of non-issuance of Open Market Operation (OMO) bills, the Central Bank of Nigeria (CBN) on Thursday offered N50 billion instrument to investors. A breakdown of the auction…
Debt Management Office to resume Savings Bond offer
The Debt Management Office (DMO) has announced the resumption of its Offer of the Federal Government of Nigeria Savings Bond (FGN Savings Bond) effective August 2020.
The DMO was…