Close Menu
Chronicle.ng
    Trending Stories
    World's richest man Elon Musk bought a 9.2% stake in Twitter

    Elon Musk creates new US political party

    July 6, 2025
    Colombian police have apprehended the alleged mastermind behind the assassination attempt on a presidential candidate during a rally last month.

    Police arrest key suspect in shooting of Colombia senator

    July 6, 2025
    Police rescue abducted Benue Links passengers

    Police arrest Osun imam for raping eight-year-old girl

    July 6, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Elon Musk creates new US political party
    • Police arrest key suspect in shooting of Colombia senator
    • Police arrest Osun imam for raping eight-year-old girl
    • 2027: ‘Join ADC,’ PDP chieftain urges party members
    • David Mark major cause of PDP crisis – Bode George
    • Police bust human trafficking syndicate, rescue 40 Ghanaians in Ondo 
    • Adeleke not defecting to APC, Osun PDP declares
    • Tiwa Savage marks 12 years of debut album ‘Once Upon a Time’
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Sunday, July 6
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    FG targets N720bn in Q3, as DMO releases bond issuance calendar

    David GreatBy David GreatJuly 6, 20221 Comment3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Director-General, Debt Management Office (DMO), Ms Patience Oniha Nigeria Bonds
    Director-General, Debt Management Office (DMO), Ms Patience Oniha
    Facebook Twitter WhatsApp

    The Federal Government is set to generate about N720 billion in the third quarter of 2022 from FGN bonds.

    This is according to “FGN Bond Issuance Calendar For Third Quarter, 2022” as released by the Debt Management Office (DMO).

    The calendar shows that the DMO will re-open nine previously issued FGN Bonds between July and September.

    According to the calendar, on July 18, the DMO will re-open a 13 per cent, March 2025 FGN Bond valued at between N70 billion to N80 billion.

    It has a maturity date of two years, eight months, with original 10-year tenor.

    Also on July 18, the DMO will re-open a 12.5 per cent, April 2032 FGN Bond valued at between N70 billion to N80 billion.

    It has nine years, nine months term-of-maturity; with 10-year original tenor.

    The office will, again, re-open a 13 per cent, Jan. 2042 FGN Bond valued at between N70 billion to N80 billion on the same date.

    It has 19 years, six months term-of-maturity, and an original tenor of 20-year.

    On Aug. 15, the DMO will re-open the 13.53 per cent, March 2025 FGN Bond, valued at between N70 billion to N80 billion, with two years, seven months as term-of-maturity.

    It has an original tenor of 10-year.

    • Nigeria redeems $300m diaspora bond

    On the same date, it will re-open the 12.50 per cent, April 2032 FGN Bond, valued at between N70 billion to N80 billion; with term-of-maturity of nine years, eight months.

    It has a 10-year original tenor.

    Again, on Aug. 15, it will re-open the 13 per cent, 2042 FGN Bond, valued at between N70 billion to N80 billion; with 19 years, five months as term-of-maturity.

    It has a 20-year original tenor.

    The calendar also shows that, on Sept. 19, the DMO will again re-open the 13.53 percent, March 2025 FGN Bond, valued at between N70 billion to N80 billion.

    It has two years, six months term-of-maturity and 10-year original tenor.

    Again, on Sept 19, the DMO will re-open 12.50, April 2032 FGN Bond valued at between N70 billion and N80 billion, with nine years, seven months as term-of-maturity.

    It has a 10-year original tenor (length of time).

    On the same date, the office will, again, re-open the Jan. 2042 FGN Bond valued at between N70 billion to N80 billion; with 19 years, four months as term-of-maturity.

    It has original tenor of 20-year.

    The News Agency of Nigeria (NAN) reports that Re-opening a Bond issue refers to issuing additional amounts of a previously issued Bond.

    Re-opened Bonds have the same maturity date and interest rate as the original bonds, but they are sold on different dates and usually at a different price.

    The DMO, however, said that the calendar was provisional and could be subject to change at short notice. (NAN)

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    World's richest man Elon Musk bought a 9.2% stake in Twitter

    Elon Musk creates new US political party

    Colombian police have apprehended the alleged mastermind behind the assassination attempt on a presidential candidate during a rally last month.

    Police arrest key suspect in shooting of Colombia senator

    Police rescue abducted Benue Links passengers

    Police arrest Osun imam for raping eight-year-old girl

    2027: 'Join ADC,' PDP chieftain urges party members

    2027: ‘Join ADC,’ PDP chieftain urges party members

    David Mark warns FG, Benue killings may force citizens to self-defence

    David Mark major cause of PDP crisis – Bode George

    Police nab church member over kidnap of two Catholic Priests in Adamawa

    Police bust human trafficking syndicate, rescue 40 Ghanaians in Ondo 

    View 1 Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    World's richest man Elon Musk bought a 9.2% stake in Twitter

    Elon Musk creates new US political party

    July 6, 2025
    Colombian police have apprehended the alleged mastermind behind the assassination attempt on a presidential candidate during a rally last month.

    Police arrest key suspect in shooting of Colombia senator

    July 6, 2025
    Police rescue abducted Benue Links passengers

    Police arrest Osun imam for raping eight-year-old girl

    July 6, 2025
    2027: 'Join ADC,' PDP chieftain urges party members

    2027: ‘Join ADC,’ PDP chieftain urges party members

    July 6, 2025
    David Mark warns FG, Benue killings may force citizens to self-defence

    David Mark major cause of PDP crisis – Bode George

    July 6, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.