News Formal

Despite Prevailing Market Conditions, Investors Bid N312.56bn for FGN Bonds

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Despite the current market conditions, investors showed strong appetite for FGN instruments which were put on offer yesterday by the Debt Management Office .The auction included 14.

55 per cent FGN April 2029, 14.70 per cent FGN June 2033, 15.45 per cent FGN June 2038 and 15.70 per cent FGN June 2053, each for N90 billion.

The DMO revealed that amid monetary policy tightening and uncertainties, investors’ appetite for the 15.70 per cent FGN June 2053 remained strong, with a bid-to-cover ratio of 2.71 times. The amount allotted to successful bidders for the four instruments was N227.76 billion, the DMO said in a statement issued last night.

Allotments were made at 13.85 per cent for the 14.55 per cent FGN April 2029, 15.00 per cent for the 14.70 per cent FGN June 2033, 15.20 per cent for the 15.45 per cent FGN June 2038 and 15.85 per cent for the 15.70 per cent FGN June 2053.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 14. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Market Analysis: Nigeria inflation, Fed minutes and oil in focus | TheCableInflationary pressures are gradually easing across the globe but remain rampant in Africa’s largest economy. Unlike the United States which has witnessed consumer prices coming down from a peak of
مصدر: thecableng - 🏆 2. / 80 اقرأ أكثر »

OPEC: How Robust Demand, US Hurricane Season Could Tighten Oil Market
مصدر: THISDAY LIVE - 🏆 14. / 51 اقرأ أكثر »