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DMO releases bonds issuance calendar for Q1-2022

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The Debt Management Office (DMO) has released a calendar for the issuance of bonds for the first quarter of 2022 (Q1-2022).

The calendar shows that on Jan. 16, DMO will issue a N70 billion to N80 billion, four years and 20 years Federal Government of Nigeria (FGN) bond, with interest rate of 12.50 per cent.

It has original tenor of 10 years and 20 years, and will re-open in January 2026 and January 2042.

On Feb. 16, DMO will issue a three years, 11 months and 19 years, 11 months FGN bond of N70 billion to N80 billion, with interest rate of 12.50 per cent, to be re-opened in January 2026 and January 2042, and with original tenor of 10 years and 20 years.

In March 23, the DMO will also issue a three years, 10 months, and 19 years, 10 months, 70 billion to N80 billion FGN bond, with interest rate at 12.50 per cent, and to be re-opened in January 2026 and January 2042.

It also has original tenor of 10 years and 20 years.

The DMO, however, explained that the calendar is provisional and subject to change at short notice.

Kadiri Abdulrahman

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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