Nigeria, March 15 -- The Debt Management Office (DMO) has re-opened four Federal Government of Nigeria (FGN) Bonds valued at N360 billion for subscription through a primary market auction window.

According to a statement issued by the DMO on Tuesday, the bonds are a 13.98 per cent, February 2028 FGN Bond; a 12.50 per cent, April 2032 FGN Bond; a 16.25 per cent, April 2037 FGN Bond; and a 14.80 per cent , April 2049 FGN Bond.

The four bonds are all valued at N90 billion, totalling N360 billion.

According to the debt management office, the bonds are offered at N1,000 per unit with a minimum subscription of N50 million, and in multiples of N1,000 thereafter.

"For re-openings of previously issued bonds, successful bidders will pay a price...