Nigeria plans to issue 55 billion naira ($343.11 million) in bonds with maturities of three years and 20 years at its monthly debt auction on Oct. 18, the Debt Management Office said on Tuesday.
The office said it would issue 25 billion naira in the 3-year bond and 30 billion naira in the 20-year note, maturing in August 2016 and July 2030, respectively, using the Dutch Auction system.
The notes are re-openings of previous issues.
Tuesday, 8 October 2013
-Nigeria to sell 55 bln naira in 3-, 20-year bonds
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