FGN bond inclusion in JP Morgan index to re balance earnings
The Director-General of the Debt Management Office (DMO) has announced that the Federal Government would issue a USD2.5billion Eurobond in Q1 2018 as part of the USD5.5bn fundraising programme approved by the National Assembly last year. The proceeds of the issuance are to be used to refinance short- term local debt, specifically Treasury-bills. The DMO […]