In a statement the DMO issued in Abuja, it said the auction, which took place on Wednesday, received 298 competitive bids from investors for the three instruments of five, 10 and 30-year tenures that were offered
Browsing: Debt Management Office
The Federal Government has offered for subscription by auction N145 billion worth of bonds in its July 24 auction, the Debt Management Office said.
Nigeria’s total public debt rose to N24.947 trillion as at March 31, from N24.387 trillion as at December 31, 2018, growing marginally by 2.30 per cent, the Debt Management Office said.
Ihedioha revealed this on Tuesday night when he spoke with newsmen in Owerri, the Imo State capital
The Federal Government says it allotted N532.65 million to 515 subscribers through the sale of savings bond in May.
The Debt Management Office says the Federal Government will on April 24, issue a 30-year bond for the first time.
Oniha, who made the disclosure during a news conference on Thursday in Abuja, said the figure comprised of debt owed by the Federal Government, States and Federal Capital Territory
The results of the sales obtained from the website of the Debt Management Office on Saturday in Abuja showed that N122.24 million was allotted for February 2021 at 12.05 per cent.
The Federal Government on Wednesday allotted N116.99 billion worth of bonds to 109 successful bidders in its January auction, the Debt Management Office said.
The Debt Management Office says the Federal Government is to auction by subscription N150 billion worth of bonds on January 30.
Bonds auction results in the past few months for both the Federal Government Bonds and the Savings Bonds show that the level of patronage has declined.
The Federal Government has commenced the 2019 savings bonds sales by offering for subscription two-year savings bond at 12.12 per cent and three-year savings bond at 13.12 per cent, the Debt Management Office has said.
The Federal Government received over N132 billion subscriptions from 2,073 investors for its N100 billion seven-year 15.74 per cent Sukuk offer, the Debt Management Office has said.
The order to shut the depots was given by the DAPPMA Executive Secretary, Olufemi Adewole, on Sunday
The Federal Government on Monday offered for subscription two-year savings bond at 12.40 per cent and three-year savings bond at 13.40 per cent, the Debt Management Office has said.
Patience Oniha, the Director-General, Debt Management Office on Tuesday said that the Federal Government realised the sum of N10.5 billion savings bond in 18 months.
The Federal Government, on Wednesday, allotted N39.52 billion worth of bonds in its November auction, refusing to accept higher rates from subscribers, the Debt Management Office says.
The Debt Management Office says with the approval of the National Assembly, it has accelerated implementation of the Promissory Note Programme and Bond Issuance to settle oil marketers’ arrears.
The Debt Management Office says it has commenced the accelerated implementation of settlement of government arrears through promissory notes to oil marketers.
The Debt Management Office says the Federal Government raised N88.08 billion at its bond auction on Wednesday, as part of moves to finance the 2018 budget.