The Debt Management Office has released schedule of local borrowings of about N720 billion by the Federal Government for the second quarter.
This was contained in the DMO’s FGN Bonds Issuance Calendar for the Second Quarter, 2022.
The calendar shows that, on April 25, the DMO would open a new, 2032 FGN bond, valued at between N70billion to N80billion, with a tenor of 10 years.
FG plans to spend more on debt servicing, capital expenditures
The Federal Government has outlined plans to allocate a significant portion of its budget to debt servicing over the next...
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