SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

CREATE AN ACCOUNT FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!

CREATE ACCOUNT

ALREADY HAVE AN ACCOUNT?

Magnartis Finance & Investment Limited

  • LOGIN
  • Home
  • About
    • About Us
    • Management Team
    • Directors
  • Services
    • Stockbroking
    • Portfolio Management
    • Corporate Finance
    • Advisory Services
  • Projects
  • Download
  • Contact
  • Open an account
  • Home
  • DMO To Raise N80.2bn Worth Of Bonds On June 17
  • Capital Market News
  • DMO To Raise N80.2bn Worth Of Bonds On June 17
 

DMO To Raise N80.2bn Worth Of Bonds On June 17

DMO To Raise N80.2bn Worth Of Bonds On June 17

by magna / Sunday, 14 June 2015 / Published in Capital Market News
dr-abraham-nwankwo-dg-dmo_0

The Debt Management Office (DMO) says it will raise N80.22billion worth of bonds in three categories on June 17.

 

According to the DMO, in its ‘Bond Circular’ issued on Wednesday, the categories of bonds will include a 20, 10 and five-year bonds.

 

It said that the 20-year bond would attract N40 billion, N15.22 billion for 10-year bond and N25 billion worth for the five-year bond.

 

It said the three categories of bonds would mature in February 2020, March 2024 and July 2034 respectively.

 

The DMO added that the three categories of bonds had different coupon rates.

 

The 20-year, 10-year and five-year bonds will have coupon rates of 15.54 per cent and 14.20 per cent respectively while the 10-year bond will attract 12.15 per cent.

 

It said that while the bonds would be auctioned on June17, the settlement date would be June19.

 

Source : Leadership

About magna

What you can read next

The Wall Street Journal: House committee condemns Edward Snowden, urges he not be pardoned
Nigerian banks vulnerable to e-fraud –EFCC
NSE All-Share Index Drops By 0.04%

Market Capitalization

[visualizer id="161"]

Newsletter Subscription


 

About Us

Magnartis Finance & Investment Ltd (“Magnartis”) is a Dealing Member of The Nigerian Stock Exchange with expertise in Stockbroking and Trade Execution Services.

Download

  • FGN Savings Bond Subscription Form
  • Mandate For Ebonus
  • Cscs Clients Authorization Form For Change Of Bank
  • Cscs Client Bank Update Form
  • Account Opening Form KYC

Research

  • Daily Price List
  • Daily Market Summary
  • Weekly Market Summary
  • Special Reports

Contact Info

16, Boyle Street, Onikan, Lagos, Nigeria

Office Number:
01-4538066

E-mail:
info@magnartis.com

  • GET SOCIAL

© 2014 Magnartis Finance & Investment Limited. All Right Reserved

TOP