Ahead of Bond Auction – October 21st 2020

The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), will be conducting a primary market bond auction on Wednesday the 21st of October 2020. The government is seeking to raise NGN30bn via two (2) instruments which are re-openings. Given our analysis of the current yield environment vis-à-vis our bond valuation models, we present our advised bid rates.

Click on the link below to access the full report:

Next FGN Bond Auction October 2020



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