GTB 737 banner Yudala banner

FG raises N110b bonds

By Folasade Folarin on 11/05/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 347


At an auction on Wednesday, the federal government raised N110 billion worth of bonds to mature in 2021, 2027 and 2037.

The bond obtained from its website of the Debt Management Office (DMO) shows that fewer bonds were sold at the auction than the N140 billion anticipated.

It also said DMO sold N10 billion of 2021 paper at 16.30 per cent, N35 billion of 2027 re-opened paper at 16.29 per cent and N65 billion of re-opened 2037 paper at 16.29 per cent.

The website stated that subscriptions from investors for the July 2021 bond, stood at N17.29 billion, while that of March 2027, which was reopened, stood at N52.5 billion.

Also, subscriptions for the April 2037 bond, which was also re-opened stood at N91.67 billion. (NAN)

Source News Express

Posted 11/05/2017 9:24:36 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
ICT investment will grow economy, SystemSpecs tells government...

4 perish in Bauchi fatal accident, man nabbed...

Intersociety challenges Buhari and APC on appointment of...

LASTMA dismisses 20 officials for corrupt practices

NSCDC seizes 50 drums of adulterated petroleum products...

Notorious top Boko Haram commander killed in encounter...

UTME candidates endorse Remita for purchase of forms...

All set for inauguration of Uyo International Stadium...

Protesting workers block Abuja-Lokoja Federal Highway

12 reported dead in Kwara train accident

Obiano, Obi, Archbishop Okeke condole Sun Reporter over...

Group queries N166bn contracts awarded by Fashola, petitions...

 

Latest News Nigerian Army launches books on critical thinking 82 Boko Haram fighters die in battle •No LGA under terrorists’ control — Army South African policemen rob Nigerian man of $61,000 Notorious Lagos cultist re-arraigned Arms factory discovered in Abuja, suspects nabbed Send your wards to Nigerian schools, JAMB tells political elite Ghost worker on trial over N11m fraud Borno APC Coalition rejects Modu Sheriff Manufacturers want 7-year tax break West and Central African youth endorse campaign for greater participation in the political process Aiteo shuts Nembe creek trunk line over leakage Buhari’s aide hails Liberia’s willingness to implement beneficial ownership transparency

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (278,833 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (260,784 views) Shameless Genevieve Nnaji exposes breasts in public (211,717 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (177,859 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (176,814 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (158,525 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (136,790 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (126,814 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (120,406 views) Lagos plane crash: Journalist releases victims’ names (111,266 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (110,442 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (102,818 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (28) Business (2,695) Business Verdict (22) Columnists (744) Complaints & Requests (93) Enterprise & Opportunities (178) Entertainment (378) Features (489) Global Business Monitor (178) International (1,544) Interviews (130) Live Commentary (28) Love Matters (73) News (28,609) Opinion (809) Pidgin (8) Politics (3,939) Religion (627) Sports (1,323) Stock Watch (23) AMA & Al Jazeera Global Update

 

UBA mobile app

CBN words on marble advert

 

 

Manchester United vs Everton 4-0 All Goals & Extended Highlights

 

APO Newsbreak logo

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!