The Debt Management Office (DMO) says it received a total subscription of N312.56 billion in its August, Federal Government of Nigeria (FGN) bond auction.
The DMO made this known in a statement released through its official website on Tuesday.
The News Agency of Nigeria (NAN) reports that the DMO held the FGN bond auction on Monday, amidst monetary policy tightening and uncertainties.
Four instruments were offered to investors at the auction.
The instruments were 14.55 per cent April 2029 FGN bond; 14.70 per cent June 2033 FGN bond; 15.45 per cent June 2038 FGN bond and 15.70 per cent June 2053 FGN bond.
They were valued at N90 billion each, making a total offer of N360bn.
“In spite of current market conditions, the auction received a total subscription of ₦312.56 billion.
“Investors’ appetite for the 15.70 June 2053 (30-year bond) remained strong, with a bid-to-cover ratio of 2.71 times.
“The amount allotted to successful bidders for the four instruments was N227.76 billion.
“Allotments were made at 13.85 per cent for the 14.55 per cent April 2029 instrument and 15.00 per cent for the 14.70 per cent June 2033 instrument.
Also “15.20 per cent was for the 15.45 per cent June 2038 instrument, and 15.85 per cent for the 15.70 per cent June 2053 instrument, ” the DMO said.
The News Agency of Nigeria (NAN) reports that the FGN bond, like the FGN savings bond and the sovereign sukuk, are FGN securities which constitute the local component of government borrowing.(NAN)
There is no need for you to replace the equipment when it breaks down in Ramsgate, Minster In Thanet, Cliffsend, CT11, CT12.
You can do this by turning the mains water stopcock (clockwise).
We don’t just offer our professional knowledge on a service level, our
site is brimming with useful and relevant information for home owners, landlords
and tenants alike.
We understand that when an issue with the plumbing crops up the last thing you
want is to spend all of your free time having to cope with it.
Honest and straightforward – they made the whole experience a good one.The
first visit they diagnosed the problem and the second visit
they brought along the part and fixed it.
The best way to prevent emergency plumbing, drainage,
or heating issue from occurring is to schedule regular maintenance visits
on all of your necessary appliances.
This is definitely why our goal is certainly to
solution your call within the hour, or at a day and time more easy to you,
and make the maintenance or installations necessary
efficiently and correctly the 1st time.
While our plumbers deal with cold-water installations,
refurbishments and repairs, we have experts for all types
of water-related issues.
During this time, you’ll learn all of the theory and practical skills required
for the job.
A traditional plumbing apprenticeship can take up to four years to complete, whereas our fast-track plumbing courses can take anywhere between 4-16 weeks to complete.
The greatest people to tell you about our Gas Engineer roles are the colleagues on the staff.
The plumber who addressed the issue at my property was friendly,
polite and professional.
Among the collection there are a variety of push-fit
plumbing supplies providing time-saving connection systems, as well as a sturdy, corrosion-free, and lead-free
construction.
TMVs will shut down the flow if the hot or cold water supply fails.
It is the responsibility of the training contractor/college to ensure that all components of this framework are delivered
in accordance with apprenticeshipsni operational
requirements.
If you wish to check on a problem or fault you have already
reported, contact DfI Roads.
Among the collection there are a variety of push-fit plumbing
supplies providing time-saving connection systems, as well
as a sturdy, corrosion-free, and lead-free construction.
If you wish to report a problem with a road or street you can do
so online in this section.