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2nd N100bn sukuk: Oversubscription indicates investor confidence – DMO

Bonds

In a show of confidence and soaring appetite for Nigeria’s sovereign securities, investors oversubscribed the second tranche of the Federal Government’s N100 billion Sukuk bond that closed last week Monday, by N32 billion. The Debt Management Office (DMO), which gave the update at the weekend, said it received subscriptions of over N132 billion from 2073…

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