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FG Announces N720bn Borrowing Plan


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According to the calendar, on Oct. 17, the DMO will re-open a 14.55 percent, April 2029 bond valued at between N70billion and N80billion, with six years, six months term-to-maturity and an original tenor of 10 years.

 

The office will also re-open a 12.50 percent, April 2032 FGN bond valued at between N70billion to N80billion, with a term-to-maturity of nine years, six months, and an original tenor of 10 years.

 

On the same date, the DMO will re-open a 16.24. 2037 FGN bond, valued at between N70billion and N80billion, with term-to-maturity of 14 years, six months, and an original tenor of 20 years.

 

On Nov. 14, the DMO will, again, re-open the 14.55 percent, April 2029 FGN bond valued at between N70billion and N80billion, with term-to-maturity of six years, and five months.

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