20

Mar

FCMB Group completes issuance of N20.686bn Series I Perpetual 16.00% Fixed Rate Resettable NC5.25 additional Tier 1 Subordinated Bonds under Its N300bn Debt Issuance Programme

FCMB Group Plc notified the Nigerian Exchange and the investing public that it has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (AT1) under its N300,000,000,000 Debt Issuance Programme The Group’s AT1 Issuance is the first non-sharia local currency AT1 instrument issued in Nigeria and the[…]

FG announces November 2022 Savings Bond

The Debt Management Office on behalf of the Federal Government, has announced the offer for a subscription to the November 2022 Federal Government Savings Bond.  According to DMO, the Savings Bond are in two tranches:  2-year and 3-year savings bonds, with interest rates of 12.492% and 13.492% respectively.  The opening date for subscription was November 7th, 2022 and[…]