The Federal Government plans to auction N100 billion ($617 million) in bonds with tenors ranging from three to 20 years at auction next Wednesday, the Debt Management Auction (DMO) has said.

The DMO said Thursday that it will offer 15 billion naira in three-year, 50 billion naira in 10-year and 35 billion naira in 20-year debt.

All the bonds are re-openings of previous issues.

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp