The FMDQ Exchange has officially approved the listing of the Nigeria Mortgage Refinance Company (NMRC)’s N11.50 billion Series 1 Fixed Rate Bond. This listing is expected to enhance the housing finance ecosystem in Nigeria by providing additional funding avenues for mortgage lending. The bond issuance aims to support the growth of affordable housing in the country, thereby contributing to the overall development of the real estate sector. The approval marks a significant step in facilitating greater access to housing finance for Nigerians.
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