FGN Bonds draw in oversubscription


FGN Bonds attract oversubscription

Emma Ujah

Investor self belief in Federal Executive of Nigeria’s Securities remained prime on the FGN Bond Public sale carried out through the Debt Control Place of job (DMO) on Wednesday, October 23, 2019, as mirrored through the very prime subscription stage on the Public sale.

The DMO o/ered 3 (3) Tools (5-year, 10-year and 30-year bonds) with a complete face worth of N150.00 billion which have been smartly won through buyers.

ALSO READ: FG information N26.92bn shortfall in bond public sale

General subscriptions won from aggressive bids for the tools used to be N255.99 billion, indicating a subscription stage of 171 in keeping with cent.

Proceed studying FGN Bonds draw in oversubscription at Forefront Information.



Please enter your comment!
Please enter your name here