Nigeria's Islamic Bond, Sukuk, Oversubscribed, Receives N132bn For N100bn Offer - Nairaland / General - Nairaland
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| Nigeria's Islamic Bond, Sukuk, Oversubscribed, Receives N132bn For N100bn Offer by dailynigerian01: 8:44pm On Dec 22, 2018 |
Nigeria's Islamic bond, Sukuk, oversubscribed, receives N132bn for N100bn offer The Federal Government received over N132 billion subscriptions from 2,073 investors for its N100 billion 7-year 15.74 per cent Sukuk offer, the Debt Management Office, DMO, has said. Read more here: https:///p7bPz2-yBW The DMO, in a statement in Abuja on Saturday, announced the result and added that the bond would be due in 2025. Read more here: https:///p7bPz2-yBW It said that the high success rate of the Sukuk, which is the second by the federal government, showed investors’ appetite for government securities. |
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