By Financescape Total Nigeria’s Public Debt Stock increased to N33.107 trillion as of March 31, 2021, as against N32.916 trillion previously recorded on December 31, 2020. According to a release by The Debt Management Office, External Debt Stock declined from USD33.348 billion as of December 31, 2020, to USD32.86 billion on […]
Tag: dmo
Inflows from FAAC and Bond Coupons Cause Interbank rates Drop to 3.00%
By Zedcrest Partners ltd FGN Bonds The Bond Market opened on a mixed note, with pockets of demand skewed on select maturities (2021s, 2027s & 2049s) following inflows of c.N65bn in FGN coupons credited today. Overall, yields on the benchmark curve expanded in anticipation of supply from the FGN Bond auction […]
DMO Lists Second N100bn FGN Sukuk On NSE
By Financescape Nigeria’s Debt Management Office (DMO) on Tuesday, July 23, 2019, listed the second ₦100bn, Seven-Year, FGN Sukuk due to mature in 2025 on The Nigerian Stock Exchange. The FGN Sukuk is due to mature in 2025, and was raised at a rental rate of 15.743 percent, a 73 basis point discount […]