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Wednesday 28 September 2022

Nigeria plans to sell N630-N720 bln bonds in Q4 to plug budget deficits

Nigeria plans to sell N630-N720 bln bonds in Q4 to plug budget deficits: The fourth quarter’s debt issuance calendar showed that the debt office will sell on behalf of the federal government between N70 and N80 apiece in the bonds maturing in 2029, 2032 and 2037 in October to raise between N210 and N240 billion from the domestic debt market.

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