FG issues $500 million five-year domestic dollar bond at 9.75%

The federal government has officially issued a $500 million domestic dollar bond, opening for subscription on August 19, 2024. This bond, part of the government’s financing initiatives, will carry a 9.75% per annum interest rate and is set to mature in 2029. The auction for this bond will remain open until August 30, 2024, giving [...]

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