The Debt Management Office disclosed that the FG has set in motion the sales of N150bn seven-year Sukuk bond offer meant for the development of road infrastructure in different parts of the country.
The DMO Proceeds will be used solely for the construction and rehabilitation of key roads across the six geopolitical zones of the country,”
The Sukuk bond would be offered for subscription through FBNQuest Merchant Bank Limited and Lotus Financial Services Limited.
It had a unit sales of N1,000 per unit subject to a minimum of N10,000 and in multiple of N1,000 thereafter.
The DMO Proceeds will be used solely for the construction and rehabilitation of key roads across the six geopolitical zones of the country,”
The Sukuk bond would be offered for subscription through FBNQuest Merchant Bank Limited and Lotus Financial Services Limited.
It had a unit sales of N1,000 per unit subject to a minimum of N10,000 and in multiple of N1,000 thereafter.