Debt Management Office to Issue N200 – N250 billion of Sovereign Sukuk in 2021

    By Financescape The Debt Management Office (DMO) has announced another Sovereign Sukuk this year for an expected maximum amount of N200 – N250 billion to finance infrastructure and critical road projects across the country. The Nigerian government through the Debt management office commenced the issuance of Sukuk in September 2017 as a strategic […]

Traders continue to pile into the 1yr NTB Issue in the light of the meagre supply of OMO T-bills by the CBN FGN okays N895bn Supplementary Budget for Vaccines and Security

  By Zedcrest Capital     The FGN bond market traded on a very sluggish note today with improved bids on some selected FGN Bonds especially at the long end of the curve with very few offers to match. We saw order-driven demand for short-duration bonds, 2023s to 2026s papers, although very few trades were […]