Nigeria: DMO Raises N89.76 Billion Bond

27 January 2012

Nigeria raised N89.76 billion ($561.46 million) at an auction of government bonds on Wednesday, its first debt auction this year with yields higher than at its previous auction, the Debt Management Office said yesterday.

The debt office said it auctioned N19.76 billion in the 10-year bond due to mature in 2018 and N35 billion each in the bonds maturing in 2019 and 2022 respectively.

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