The Debt Management Office (DMO), says Nigeria plans to raise N95 billion by selling sovereign bonds with maturities ranging between 5 and 20 years on March 11.
The debt office said on Wednesday, that it will raise N35 billion in 5-year bonds and N35 billion each in the 10 and 20-year paper, using the Dutch auction system.
It added that all the bonds are a re-openings of previous issues and the result of the auction is expected to be published on March 12.
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