The Debt Management Office (DMO) plans to sell ₦70
billion ($351.85 million) worth of bonds next week, its seventh debt auction
this year.
The DMO said, on Tuesday, it will issue ₦40 billion
in five-year paper and N30 billion in the 20-year debt, using the Dutch Auction
System on July 15.
All are the reopening of previously issued debt. Last
week the debt office said it would issue between ₦180 and ₦240 billion worth of
bonds in the third quarter.
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