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FG launches N10.69bn 5-year bond

July 20, 2018
in Business News, Latest Nigeria News, Nigeria News
FG launches N10.69bn 5-year bond
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Image result for FG launches N10.69bn 5-year bondThe federal government is listing a 5-year, N10.69b green bond at the Nigerian Stock Exchange.

The debt management office is midwifing the bond issue and It is expected to direct investors attention to green environment, a new source of energy.

The yield on the bond is 13.48 percent and has been described by market operators as an opportunity to launch Nigeria as the leading investment destination in Africa.

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