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Wednesday 9 July 2014

Nigeria to raise 100 bln naira in 3-, 10-, 20-year bonds

Nigeria aims to raise 100 billion naira ($615.8 million) in three local currency debt issues on July 16, including its new 20-year bond, the Debt Management Office (DMO) said on Wednesday.
The debt office said it will issue 35 billion naira in the 20-year bond and issue 15 billion naira in the three-year paper and 50 billion naira in the 10-year paper.
The three-year and 10-year bonds are reopenings of previous issues.

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