Nigeria to raise 73.61 bln naira in bonds


Nigeria plans to auction 73.61 billion naira ($446.80 mln) in bonds with maturities ranging between 3 years and 20 years at an auction next Wednesday, the Debt Management Office (DMO) said on Thursday.

The DMO said it will sell 18.61 billion naira in 3-year bonds, 30 billion in 10-year paper and 25 billion in 20-year debt.

The securities are a reopening of previously issued bonds.

($1 = 164.75 naira)



Source : SunOnline

Tags: No tags

Comments are closed.