DMO reopens four FGN Bonds valued at N360 billion

The Debt Management Office (DMO) has re-opened four Federal Government of Nigeria (FGN) Bonds valued at N360 billion for subscription through a primary market auction window.

According to a statement issued by the DMO on Tuesday, the bonds are a 13.98 per cent, February 2028 FGN Bond; a 12.50 per cent, April 2032 FGN Bond; a 16.25 per cent, April 2037 FGN Bond; and a 14.80 per cent , April 2049 FGN Bond.

The four bonds are all valued at N90 billion, totalling N360 billion.