FG records over-subscription of February savings bond – Daily Trust

FG records over-subscription of February savings bond

2/26/2020 11:36:00 PM

FG records over-subscription of February savings bond

The Federal Government has announced that its monthly bond auction for the month of February, 2020 was oversubscribed.

It also said total subscriptions received through Competitive bids for the three instruments at the auction was N398.20 billion, which indicated a total subscription level of 284.43%, while for Non-Competitive bid for the sum of N60 billion was also received, making the total subscriptions from Competitive and Non-competitive bid to the sum of N458.20 billion.

I’ve never felt lonely despite being unmarried at 60 –Akinosho, publisher Simi still heavily pregnant, has not given birth –Source Fury: I’ll knock out Joshua in third round

“Successful bids were allotted at the rate of 8.7500% for the 5-Year, 10.7000% for the 10-Year and 12.15% for the 30-Year Bond, which indicate a decline from the allotment rates of 9.8500%, 11.1250% and 12.5600% for the 5-Year, 10-Year and 30-Year Bonds, respectively, at the January 2020 FGN Bond Auction”.

ADVERTISEMENTHOW OVER 5000 NIGERIA MEN HAVE PERMANENTLY OVERCOME TERRIBLE BEDROOM PERFORMANCE DUE TO THIS RECENT DISCOVERY BY MEDICAL CONSULTANTS“The total amount allotted for Competitive Bids was N100.00 billion across the three (3) tenors, while a total sum of N60.00 billion was allotted through Non-Competitive Bid for the 5-year and 10-year tenors, at same rates with the Competitive Bids, which made the total allotment from Competitive and Non-Competitive bids to be N160.00 billion” the statement said.

RelatedDownload Daily Trust News App Read more: Daily Trust »

FG dumps plan to borrow N2trn from pension fund – Daily TrustThe Federal Government may have bowed to mounting opposition...against its plan to borrow N2tr from the nation’s N10tr pension assets to... H ..........and Why is that, Who made the deadly proposals in the first place: To destroy the scheme (mention)?

Lawyers react to Metuh's conviction, charge FG to prosecute corrupt govt officials – Daily TrustA group of lawyers has charged the federal government to deploy the same energy used in the investigation and prosecution of a former...

FG resumes work on major roads in Niger – Daily TrustThe federal government has commenced the construction of four major roads in Niger state and awarded contracts for two others. NigeriaGov Finally FG has remember Niger state NigeriaGov This is a serious liar NigeriaGov Nothing like in Niger State bkos I have been in the Road yesterday but nothing like will Barrow

Group wants FG to lead talk for regional collaboration against Boko Haram – Daily TrustThe Association of Nigerian Professionals in Europe (ANPE) has recommended an efficient regional collaboration to defeat Boko Haram terrorists, but warned that it must be championed by the Federal government. It argued that it isn’t the role of any state governor to champion such negotiations. The group warned against any meditated non-diplomatic regional alliance with …

FG approves $20m tech funds, N90bn agric loan facility – Daily TrustThe federal government has approved the Bank of Industry’s $20million technology fund for young innovators. Great

FG flags off artisanal gold mining devt initiative – Daily TrustThe Federal Government has reiterated its support for the small scale and artisanal miners in the country with the flag-off of the Presidential Artisanal Gold Mining Development Initiative (PAGMI) in Yauri Local Government Area of Kebbi State last weekend. The flag-off, which was an initiative of the Federal Government with the support of Government of …