Stock QuotesEurobonds ($)
NIGERIAN EUROBONDS SEPTEMBER 24, 2020: 6.75% $500M Jan 2021 – 100.458/ 5.292%,   5.625% $300M Jun 2022 – 100.590/5.262%,   6.375% $500M Jul 2023 – 101.947/5.607%, 7.625% $1.118BN Nov 2025 – 103.747/6.748%,  6.500% $1.50BN Nov 2027 – 95.432/7.328%,   7.143% $1.25BN FEB 2030 – 95.331/ 7.853%, 8.747% $1.0BN Jan 2031 – 101.916/8.462%,   7.875% $1.50BN Feb 2032 – 94.801/8.598%,   7.696% $1.25BN Feb 2038 – 89.564/8.884%,  7.625% $1.50BN Nov 2047 – 88.422/8.745%,   9.248% $750M Jan 2049 – 98.521/9.396%.
Business Finance Info & Updates

DMO resumes bond sales

In what appears an indication gradual economic recovery from COVID-19 lockdowns, the Debt Management Office (DMO) on Thursday announced the resumption of its offer of the Federal Government of Nigeria Savings Bond (FGN Savings Bond) effective August 2020.

The DMO, in a statement, said it was constrained to suspend the

monthly offers of the FGN Savings Bond in April 2020 due to the restrictions on activities and movement as part of measures adopted by the Government

to curtail the spread of COVID-19.

It said: “The general public is invited to look out for the advert of the Offer for subscriptions in various newspapers and the DMO’s website. The offer for subscription will open on Monday, August 10, 2020 and close on Friday, August 14, 2020.

Investors are encouraged to continue saving through the FGN Savings Bond, as they attract good incomes and are secure, being a sovereign instrument, while contributing to national development”.

Sunnews

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