The federal government says its dollar-denominated domestic bond will be issued on Monday.
Gbadebo Adenrele, managing director of investment banking, at United Capital Group, spoke on Thursday during a hybrid roadshow with investors organised by the Debt Management Office .$500 million in domestic foreign currency-denominated bonds in August.
“One of the key aspects of this bond issuance is that it will be listed on platforms such as the Nigerian Exchange and FMDQ, making it accessible to a variety of investors.“The principal will be repaid after five years, with interest payments made every six months. This structured repayment schedule is designed to provide confidence to investors.”
“In the financial market, you never know. When you wake up and you see an event that helps the issue, you will take advantage of it,” the minister said.
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