Browsing: DMO

The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March.

The Debt Management Office (DMO), on Thursday announced a re-opening of three FGN savings bonds worth N450 billion for subscription by auction.

Ahead of inflation data for the month of May, the benchmark yield on Federal Government of Nigeria (FGN) bonds remained unchanged in the secondary market due to thin, pocket trading activities. on naira assets.

The average yield on Nigerian Treasury bills decreased as portfolio investors became more interested in naira assets in spite of negative interest rates and concerns about inflation. There was a surge in demand on the secondary market for bills with a maturity duration of 24 days and 171 days. Demand for long dated bills was relatively quiet.

Nigeria’s sovereign Eurobonds experienced positive trading activity in the international market, which caused yield to decline by 7 basis points. Foreign investors logged fresh demand for Nigeria’s US dollar, causing the average yield to decline by 0.07% to 9.91%, according to Cowry Asset Management Limited.

The benchmark yield on Nigeria US dollar bonds or Eurobonds in the international market surged near 10% as foreign portfolios investors sell down their interest

The Zamfara government on Monday denied taking a N14.2 billion loan as indicated in a report by the Debt Management Office (DMO).

The US dollar or foreign currency-denominated bonds were sold by Nigeria’s debt management office

The Debt Management Office (DMO), has announced two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit in its March offer.

The Nigeria Debt Management Office (DMO) plans to raise N2.5 trillion today from FGN bond sales from the capital market.