The Federal Government of Nigeria has listed a ₦368.3 billion bond on the Nigerian Exchange Limited, accompanied by ₦234 billion in supplementary bond issues.
This development was announced in a notice filed on the Exchange by the Head of the Issuer Regulation Department, Obioma Oge, on Tuesday.
The newly listed bond, 22.60% FGN JAN 2035, has a total value of ₦368.31 billion, with 368,309,761 units issued. It carries a 22.60% coupon rate and a 10-year tenor.