DMO Increases Amount of FGN Bonds to Sell in Q2 2020 – The Debt Management Office (DMO) has announced a revised calendar for the issuance of Federal Government of Nigeria (FGN) bonds for Q2 2020.
The debt office, in a circular released this week, said it was increasing the value of the Naira denominated papers to be sold to investors for the second quarter of the year.
The action followed the approval of the conversion of the $2.36 billion external loan to N850 billion domestic loan by the two chambers of the National Assembly recently.
The Senate had first authorised President Muhammadu Buhari to borrow the amount locally. This week, the House of Representatives also approved the same request.
The reason for abandoning the foreign borrowing for the local borrowing was because of the global economic crisis caused by the novel coronavirus disease.
According to the circular obtained by Business Post, the DMO said the changes made to the earlier released calendar would take effect from next month.
In the earlier released circular, the debt office had planned to raise between N30 billion and N60 billion on May 20, 2020 across three maturities and between N15 billion and N45 billion on June 24, 2020 across three tenors of 5 years, 15 years and 30 years.
But in the revised calendar, while the debt office will go ahead to sell the same amount of bonds it planned for next week, it increased the amount for next month.
In the new notice, it said bonds worth between N135 billion and N165 billion would be offered for sale on June 17, 2020 across three tenors.
The debt office further said all the notes are re-opening, meaning that the term-to-maturity of the 5-year bond for next week is 2 years and 11 months, the 15-year paper is 14 years and 10 months, while the 30-year note is 29 years and 10 months.
For the June 17, 2020 exercise, the term-to-maturity of the 5-year bond is 2 years and 10 months, the 15-year paper is 14 years and 9 months, while the 30-year note is 29 years and 9 months.
Meanwhile, the DMO said it is not changing the coupon rates for the bonds. The rate for the 5-year, 15-year and 30-year bonds were left at 12.75 percent, 12.50 percent and 12.98 percent respectively.
*GOOD DAY MA/SIR*
Have you had about *LAVITA RICCA INVESTMENT* ? am not talking about MMM or Ponzi SCHEME
lavita is a matrix system which give you DOUBLE of your CAPITAL back in (45 min) after registration….
CONTACT:- 09036369810.
LAVITA PACKAGES
₦10,000——–₦20,000❌❌❌
₦20,000——–₦40,000
₦40,000——–₦80,000
₦50,000——–₦100,000
₦100,000——₦200,000
₦200,000——₦400,000
₦400,000——₦800,000
₦800,000——₦1,600,000
₦1,000,000—₦2,000,000
NOTE: we credit your account after 45min after registeration.
INTRODUCTION
Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
CONTACT NAME:- ELIZABETH TINA
HOT LINE:+2349036369810
ITS SIMPLE HERE !!!!!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly.
+2349036369810
Note:you get credited in less than 45mins.
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem. 🙏 🙏 🙏..
AUCTION AUCTION AUCTION!!!!
NIGERIA CUSTOM SERVICE IMPOUNDED VEHICLES 2020 AUCTIONING IS CURRENTLY ON GOING NOW .
IMPOUNDED VEHICLES & DIFFERENT TYPES OF GENERATORS, FOR SALE AT CHEAP AND AFFORDABLE AUCTION PRICE INTERESTED BUYER SHOULD KINDLY CONTACT OR WATSAPP ME ON (07043069364) BAGS OF RICE AND VEGETABLE OIL FOR SALE IN A CHEAP and AFFORDABLE PRICE, BUYER SHOULD CONTACT me ON (07043069364) AVAILABLE VEHICLES AND THEIR AUCTION PRICES ARE:
Toyota 4Runner #750,000
Toyota Avalon #900,000
Toyota Avensis #950,000
Toyota Camry tiny light #450,000
Toyota Camry muscle #850,000.
Toyota Camry Big daddy #650,000
Toyota Corolla #500,000.
Toyota FJ Cruiser #2.M
Toyota Hiace #1.5m
Toyota Highlander #950,000
Toyota Hilux #1.2m
Toyota Matrix #600,000
Toyota Prado #2m
Toyota Rav4 #650,000
Toyota Sequoia #950,000
Toyota picnic #570,000
Toyota Sienna #600,000
Toyota Tacoma #2.7m.
Toyota Tundra #2.5M.
Toyota Venza #3.1M
Toyota Yaris #900,000
Volkswagen Golf 2,3,4 #250,000 /#450,000
Volkswagen Passat #600,000.
Volkswagen Touareg #600,000
Acura MDX #1.3
Acura TL #1M
Acura ZDX #2M
Audi A4 #500,000
Audi A6 #650,000
BMW 3-Series #650,000
BMW 5-Series #980,000
Ford Escape #600,000
Ford Explorer #900,000
Honda Baby Boy #500,000
Honda Accord 03 EOD #860,000
Honda Civic #500,000
Honda Crosstour #1.1M
Honda CR-V #750,000
Hyundai Accent #950,000.
Infiniti FX35 #1M
Infiniti FX45 #1.2M
Land Rover Discovery #3M
Lexus ex 300 #800,000
Lexus Rx330,#900,000
Lexus Rx350,#1.4m
Lexus Rx400, #2m
RANG ROVER SPORT =#2.5M.
Land Rover LR3 #950,000.
MERCEDES BENZ DIFFERENT MODEL.
NOTICE: THE PRICE OF THOSE VEHICLES DEPEND ON THEIR YEAR MODEL.
ADDRESS =WE ARE LOCATED HERE AT OGUN STATE AT IDIROKO CUSTOM COMMAND BESIDES IKPOKIA LOCAL GOVERNMENT.THANKS FOR PATRONIZING WITH US.(NCS)…
*GOOD DAY MA/SIR*
Have you had about *LAVITA RICCA INVESTMENT* ? am not talking about MMM or Ponzi SCHEME
lavita is a matrix system which give you DOUBLE of your CAPITAL back in (45 min) after registration….
CONTACT:- 09036369810.
LAVITA PACKAGES
₦10,000——–₦20,000❌❌❌
₦20,000——–₦40,000
₦40,000——–₦80,000
₦50,000——–₦100,000
₦100,000——₦200,000
₦200,000——₦400,000
₦400,000——₦800,000
₦800,000——₦1,600,000
₦1,000,000—₦2,000,000
NOTE: we credit your account after 45min after registeration.
INTRODUCTION
Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
CONTACT NAME:- ELIZABETH TINA
HOT LINE:+2349036369810
ITS SIMPLE HERE !!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly.
+2349036369810
Note:you get credited in less than 45mins.
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem. 🙏….