The Debt Management Office has stated that the N198.032 billion Nigerian Treasury Bills (NTBs) which will mature in December 2017 will be repaid in full at maturity.

THE scarcity of funds which pervaded the interbank money market towards end of last week will intensify this week as the Debt Management Office (DMO) issues N135 billion worth of FGN bonds. Last week, the money market experienced acute scarcity of funds as the Central Bank of Nigeria (CBN) stepped up its liquidity mop up efforts by offering N431 billion worth of treasury (TBs).

The Federal Government has offered for subscription by auction N135 billion worth of bonds in its Sept. 27 auction, the Debt Management Office (DMO) said.

Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, a document by the Debt Management Office (DMO) says.

Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, a document by the Debt Management Office (DMO) says.

The Debt Management Office (DMO) on Thursday started a national road show in Lagos in preparation for the issuance of the much awaited N100 billion non-interest bearing Sukuk bond.

The Director General of the Debt Management Office, DMO, Ms. Patience Oniha, has tasked the media on the need to inform Nigerians about the management of Nigeria’s debt stock and government’s drive towards infrastructural development.

The 36 states of the federation and Federal Capital Territory, FCT, had a debt stock of about N4.061 trillion as at the end of 2016.

The consistent oversubscription of Federal Government bonds in the last five years is confirmation of success of various initiatives adopted to develop and deepen the securities market and the domestic debt market.

The Debt Management Office, DMO, yesterday, raised N106 billion through the Federal Government of Nigeria, FGN, Bonds.