• Contact Us
  • About Us
Sunday, June 1, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

CBN to sell up to 430b naira of bonds in Q1, debt office says

metro by metro
January 7, 2017
in Economy
0
CBN
0
SHARES
0
VIEWS

CBN plans to issue 340 billion to 430 billion naira ($1.12 billion to $1.41 billion) of local-currency bonds during the first quarter, the Debt Management Office said on Friday.

The debt office said on its website it would auction 110 billion to 140 billion naira worth of bonds maturing in 2021 and 85 billion to 105 billion naira in debt maturing in 2026. It will also sell 45 billion to 55 billion naira in bonds maturing in 2027 and 100 billion to 130 billion naira of the 2036 debt.

Read Also

Anxiety Over Naira As OPEC+ Increases Production Quota By 411,000 Bpd

Moody’s Upgrades Nigeria’s Rating To ‘B3’ On External Fiscal Positions

Subsidy,  FX Windows  Strangled Nigeria’s Future, Says Tinubu At Midterm 

  According to the debt issuance calendar, the 2027 bond will be a new issue, in March. The rest will re-open previously issued debt, starting after Jan 18.

Africa’s biggest economy has proposed a 2017 budget deficit of 2.36 billion naira for this year. The government hopes to fund it by borrowing 1.254 trillion naira domestically and 1.067 trillion naira abroad.

But the government has already struggled to fund the 2016 budget after a planned Eurobond sale and World Bank loan were delayed.

 

Tags: CBNDMO
Previous Post

Multiple deaths as shooter opens fire at Fort Lauderdale airport

Next Post

Niger Delta militants say readying fighters to hit ‘enemy’ in Niger Delta

Related Posts

Naira
Economy

Anxiety Over Naira As OPEC+ Increases Production Quota By 411,000 Bpd

June 1, 2025
Moody’s Upgrades Nigeria’s Rating To ‘B3’ On External Fiscal Positions
Economy

Moody’s Upgrades Nigeria’s Rating To ‘B3’ On External Fiscal Positions

May 30, 2025
FG To Start Paying Debt Service As Nigerian Economy Grows By 2.99% In Q1 2024-Edun
Economy

Subsidy,  FX Windows  Strangled Nigeria’s Future, Says Tinubu At Midterm 

May 29, 2025
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
Economy

Oil prices Climb $1 As US Court Blocks Trump Tariffs

May 29, 2025
Next Post
Militant group MEND claims attack on Trans-Forcados pipeline -newspaper

Niger Delta militants say readying fighters to hit 'enemy' in Niger Delta

Naira

Anxiety Over Naira As OPEC+ Increases Production Quota By 411,000 Bpd

June 1, 2025
OPEC

OPEC+ Oil Producers Stick To Guns With Another Big Hike For July

June 1, 2025
20 Kano Athletes, Officials Die In Road Accident While Returning From Sports Festival In Ogun

20 Kano Athletes, Officials Die In Road Accident While Returning From Sports Festival In Ogun

May 31, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version