FGN Bonds – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 10 Jul 2024 08:46:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png FGN Bonds – InfoStride News https://www.theinfostride.com 32 32 FG seeks N300 billion from July 2024 bond auction as demand weakens https://www.theinfostride.com/fg-seeks-n300-billion-from-july-2024-bond-auction-as-demand-weakens/ https://www.theinfostride.com/fg-seeks-n300-billion-from-july-2024-bond-auction-as-demand-weakens/#respond Wed, 10 Jul 2024 08:46:45 +0000 https://www.theinfostride.com/?p=382994 The Federal Government of Nigeria, through its Debt Management Office (DMO), has announced plans to raise at least N300 billion through its bond offer scheduled for July 2024.  This amount is 33% lower compared to the previous month’s N450 billion target, as the DMO adjusts to a recent trend of lower demands for government bonds.  [...]

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]]> https://www.theinfostride.com/fg-seeks-n300-billion-from-july-2024-bond-auction-as-demand-weakens/feed/ 0 DMO to issue April 2024 Savings Bonds at 18.046% https://www.theinfostride.com/dmo-to-issue-april-2024-savings-bonds-at-18-046/ https://www.theinfostride.com/dmo-to-issue-april-2024-savings-bonds-at-18-046/#respond Thu, 04 Apr 2024 21:34:19 +0000 https://www.theinfostride.com/?p=374896 The Federal Government through the Debt Management Office has opened offers for the April 2024 Savings Bond, with rates reaching as high as 18.046% per annum. According to the announcement made by the DMO, the 2-year FGN Savings Bond will be issued at 17.046% per annum, while the 3-year FGN Savings Bond will be issued [...]

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]]> https://www.theinfostride.com/dmo-to-issue-april-2024-savings-bonds-at-18-046/feed/ 0 Investors Flock to 30-Year FGN Bond Amid Inflation Worries, Abandoning Shorter Options https://www.theinfostride.com/investors-flock-to-30-year-fgn-bond-amid-inflation-worries-abandoning-shorter-options/ https://www.theinfostride.com/investors-flock-to-30-year-fgn-bond-amid-inflation-worries-abandoning-shorter-options/#respond Thu, 16 Nov 2023 11:12:08 +0000 https://www.theinfostride.com/?p=360747 In the latest edition of Infostride News, the FGN Bond auction held in November 2023 took center stage, revealing intriguing shifts in investor preferences within the Nigerian financial landscape. The spotlight was on the federal government’s 30-year bonds, set to mature in 2053, as they experienced a remarkable oversubscription, showcasing a robust investor appetite for [...]

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