In Two Weeks Bond Investors Receive N160 Billion Interest Payment

Federal Government of Nigeria (FGN), Investor’s bonds are expected to reap N160 billion as interest (coupon) payment in two consecutive weeks even as the Debt Management Office (DMO) auctions N145 billion worth of bonds on behalf of the federal government.

Checks by Economic Confidential showed that FGN bond investors last week received N142 billion as coupon payment from the federal the…

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