Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,153,526 members, 7,819,893 topics. Date: Tuesday, 07 May 2024 at 05:41 AM |
Nairaland Forum / Nairaland / General / Business / Domestic Debt Stock Rises To N11.05tn – NBS (363 Views)
Oil Price Rises To Two-Month High Of $35 / Nigerian Stock Market Gains N434bn To Close N11.83tr In February / NAIRA WATCH: Panic Grips Forex Dealers As Naira Rises To N385/$ (2) (3) (4)
(1) (Reply)
Domestic Debt Stock Rises To N11.05tn – NBS by Truth234(m): 9:10am On Mar 09, 2017 |
The country’s total domestic debt profile rose to N11.05 trillion as at December 30, 2016, compared to N10.84 trillion in September, according to the National Bureau of Statistics (NBS). According to the information posted on its website, federal government bonds accounted for N7.56 trillion, representing 68.41 per cent of total debt instrument. Nigerian Treasury Bills accounted for N3.27 trillion, representing 29.64 per cent of total domestic debts while Treasury Bonds totalled N215.98 billion in the period under review. Nigeria borrows from both domestic and foreign markets from time to time to meet its budgetary expenditure. The total public debt stock including the external component as at June 30, 2016, stood at N16.29 trillion. Meanwhile, the debt management has also released the subscription form for the federal government Savings Bond which is expected to enhance the participation of individuals in government debt instruments as opposed to institutional investors. The facility has a minimum and maximum subscription offers of N5,000 and N50,000 respectively. http://investorsking.com/domestic-debt-stock-rises-n11-05tn/ |
(1) (Reply)
Where And How You Can Get Non-refundable Money To Start Your Business Ideas / Be Your Own Boss / Y
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |