Federal Government Issues $500 Million Domestic Dollar Bond

The Federal Government of Nigeria (FGN) has officially issued a $500 million domestic dollar bond, opening for subscription on August 19, 2024. This bond, part of the government’s financing initiatives, will carry a 9.75% per annum interest rate and is set to mature in 2029.

The Federal Government of Nigeria (FGN) has officially issued a $500 million domestic dollar bond, opening for subscription on August 19, 2024. This bond, part of the government’s financing initiatives, will carry a 9.75% per annum interest rate and is set to mature in 2029. The auction for this bond will remain open until August […]