Abuja — The Debt Management Office, DMO, has indicated plans to issue Federal Government of Nigeria, FGN, bonds valued at N1.2 trillion in its third quarter “Bond Issuance Calendar” for 2023.
According to the calendar, on July 17, the DMO will re-open a 14.55 per cent, April 2029 FGN bond, It has a 10-year original tenor, with term-to-maturity of five years, nine months.
Also on July 17, the DMO will re-open a 14.70 per cent, June 2033 FGN bond valued between N80 billion to N100 billion, with 10-year original tenor and term-to-maturity of nine years, 11 months.
On the same date, the DMO will re-open a 15.45 per cent June 2038 FGN bond valued at between N80 billion to N100 billion, with 15-year original tenor, and term-to-maturity of 14 years, 11 months.
Again, on July 17, the office will re-open a 15.70 per cent, June 2053 FGN bond, valued between N80 billion to N100 billion, with 30-year original tenor, and term-to-maturity of 29 years, 11 months.
On Aug. 14, the DMO says it will, again, re-open the 14.55 per cent, April 2029 FGN bond valued between N80 billion to N100 billion, this time, with term-to-maturity of five years, eight months.
Also on Aug. 14, the DMO will re-open the 14.70 per cent, July 2033 FGN bond valued between N80 billion to N100 billion, with term-to-maturity of nine years, 10 months.
It will also re-open the 15.45 per cent, June 2038 FGN bond valued between N80 billion to N100 billion on Aug. 14; this time, with term-to-maturity of 14 years, 10 months.
Also on Aug. 14, the DMO will re-open the 15.70 per cent, June 2053 FGN bond valued at between N80 billion to N100 billion, with a new term-to-maturity of 29 years, 10 months.
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