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N110bn

FG to raise N110bn in bonds next week

Bonds

The Debt Management Office (DMO) disclosed yesterday that the federal government will auction N110 billion ($360 million) in local currency bonds by next Wednesday. This new sale will be its second debt auction of the year, as it would issue N45 billion of bonds maturing in 2021, N20 billion of 2026 paper, and N45 billion of bonds due […]