debt management office

The Debt Management Office will on December 17 sell N65bn worth of sovereign bonds.

In a circular posted on its Website, DMO said that the bonds’ maturity dates would range from 3 to 20 years.

The three-year bond of N10bn will mature on August 2016 with an interest of 13.05% while the 10-year bond of N30bn with an interest rate of 14.20% will mature in March 2024. 

The 20-year bond will have an interest rate of 12.15. Its maturity age will be in July 2034.



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