The Federal Governement plans to raise N70 billion ($353 million)
worth of Treasury bonds with maturities ranging between five-year and
20-year at an auction next week, the Debt Management Office (DMO) said
on Wednesday.
The DMO said it will issue a five-year bond to raise 40 billion
naira, a 10-year paper to raise 15 billion naira and 20-year debt note
to raise 25 billion naira on June 17, using the Dutch Auction System.
The papers are re-openings of previous issues.
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