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Nigeria Aims To Raise N100bln At Bond Auction | The Precision

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The Debt Management Office (DMO) says Nigeria plans to raise 100 billion naira ($327
million) by selling sovereign bonds with maturities of five and 10 years
on Dec. 13.

The debt office on Wednesday said it will raise 50 billion naira each in of the maturities using the Dutch auction system. 
The bonds are re-openings of previous issues and the result of the auction is expected to be published on Dec. 15, the DMO said.

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