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Bond Markets
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…
DMO resumes FGN savings bond auctions as economic activities pick up
The Debt Management Office (DMO) on Thursday announced that it has resumed monthly auctions for the Federal Government Savings Bond (FGN Savings Bond) effective August 2020, as economic…
FG generates N362bn from 3 tranches of sukuk issuance
The federal government has so far raised some N362.557 billion from three tranches of Sovereign Sukuk, all of which are for the rehabilitation and reconstruction of Road Projects across the…
Investors shun FG bonds on coronavirus pandemic
Local bonds issued by the federal government on Wednesday recorded low patronage as investor sentiment dampen on ravaging coronavirus pandemic which has already infected some 487,000 persons…
FG rides on huge investor sentiment, secures lower yield for bonds
Nigerian federal government is obviously riding on the back of current excess liquidity in the market to secure better, lower yields for its bonds as investor appetite soars.
Report from…
October 2019 FGN bond auction oversubscribed- DMO
The Debt Management Office DMO, has revealed that the October 2019 Federal government bond has been over subscribed following strong investors confidence.
A Statement signed by DMO’s…
DMO says 220% Green bond subscription level on increased awareness by subscribers
The Debt Management Office (DMO) has attributed the 220% subscription of the second Sovereign Green Bond to increased knowledge and awareness of Green bonds by investors.
The DMO further…
Nigeria’s maiden 30-yr bonds excite investors, receives 400% subscription
Investors keenly jostled for Nigeria’s first ever N20 billion 30-year FGN Bond offered by the Debt Management Office (DMO) earlier today to generate long term funds for infrastructure.…