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Topic: FGN Bond Nets N626.498bn, Oversubscribed by 300%  (Read 506 times)

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FGN Bond Nets N626.498bn, Oversubscribed by 300%
« on: January 23, 2020, 01:09:10 AM »
FGN Bond Nets N626.498bn, Oversubscribed  by 300%

Ndubuisi Francis in Abuja The January 2020 FGN Bond auction by the Debt Management Office (DMO) which was conducted Wednesday was oversubscribed by more than 300 per cent, further demonstrating the growing appetite by investors for the debt instrument. According to a statement released by the, DMO, N155 billion of three instruments (five-Year, 10-year and […]


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