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Fed Govt re-opens three bonds valued at N800 billion for Subscription
The Debt Management Office (DMO) on behalf of the Federal Government, has re-opened three FGN bonds valued at N800 billion for subscription at N1,000 per unit. According to a release by the DMO on Monday in Abuja, the first offer is a June 2032 FGN bond (7-year re- opening), valued at N400 billion, with interest rate of 17.95 per cent per annum. [...]