Browsing: Debt Management Office

Robust liquidity in the financial system subdued funding pressure in the market as inflow from maturing open market operations (OMO) lift liquidity size.

Robust liquidity in the financial system will keep participants in the fixed income market

In the debt market, bond yields compressed by an average of 28 basis points (bps) across benchmark tenors to 3.68% Wednesday.

Following  the Nigeria’s government plans to refinance proposed budget deficit with new borrowings estimated at ₦4.28 trillion

Amid demand pressure in the fixed income market, the Debt Management Office (DMO)

Nigeria’s Ballooning Debt: Don’t Panic, China is not the Devil. Many Nigerians are

Analysts Task FG on Private Sector Funding for Capital Projects. Analysts at Cowry Asset Management Limited have advised the Federal Government to use private sector funding for its capital projects.

2020 Budget: Debt Service Cost Includes Capital Repayment, Interest – FG. The Federal Government has said debt service provision in the 2020 budget includes capital repayment, interest obligations and other charges.

Fitch Ratings Estimates 31% Debt to GDP for Nigeria. Fitch Ratings has projected 30.7% debt to gross domestic product (GDP) for Nigeria in 2020, the data is contained in a special report on Sub-Saharan Africa.

‘FG to Use ₦162.5bn Proceed of Sukuk to Finance Road Projects’. The recent ₦150 billion Sukuk issued by the  Debt Management Office was 5 times oversubscribe and the proceed will be used for capital projects in the country.