deposit 5000
slot deposit 5000
slot gacor situs toto
togel online
toto 4d
situs slot toto 4ddemo slot gacorslot 88
slot gacor slot gacor
slot gacor
brenjitu
slot gacor
situs toto
situs toto
SITUS TOTO
situs toto
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot gacor
slot pulsa
hongkong lotto
slot gacor
brenjitu
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
slot 4d

FG to raise $500m in domestic foreign currency bonds

Onwubuke Melvin
Onwubuke Melvin

The federal government has said it intends to issue $500 million in bonds denominated in foreign currencies in three to four weeks’ time.

This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun during a quarterly press briefing themed ‘Economic Recovery and Growth: Progress and Prospects 2024,’ in Abuja, according to Nairametrics.

He said, “We have an open exchange rate system, it’s not illegal and so we have the issuance of a dollar-denominated security, not depending on the financial architecture of the Western world, not depending on the kind of architecture that you use to raise Eurobonds.

“We’re using the Nigerian financial system, the Securities and Exchange Commission (SEC), the banking system, the investment bankers to issue $500 million in the first instance that will be available and will attract foreign currency held by Nigerians abroad and anybody else who buys into the macroeconomic reform efforts of President Bola Tinubu.

“That issue is a challenge to the best and the brightest in the financial markets. It is due to open in the next three to four weeks maximum.”

Regarding the possibility of issuing Eurobonds, Edun made it clear that, pending the outcome of the domestic bonds denominated in foreign currencies, the government does not currently have any plans to follow this path.

He said “Right now, depending on the success of that issue, there is no talk of looking to go to the international markets to raise the euro bond.

“It is one of the options that we have. It is the markets are open to us. Our ratings and our performance merit.

“The market is open to us but we prefer in the first instance to challenge Nigerians to come home with their money and be part of the Nigerian reform success story that we believe that is where the economy is headed.

“Although these are very, very early stages we are in the right direction. We have turned the corner.”

It was earlier reported the federal government intends to start issuing domestic bonds dominated in foreign currencies in the second quarter of this year.

The Minister of Finance revealed the federal government’s plan to sell foreign exchange bonds to Nigerians both at home and abroad.

However, Edun clarified that the government’s intention to build confidence in its economic policy and win over those who are doubtful of government policies was the reason behind the delay in issuing the bonds.


TAGGED:
Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

situs totoslot thailand situs totoslot gacor situs toto slot online situs toto demo slot gacor situs slot gacorsitus 4d situs totoslot gacorslot gacorslot gacorslot gacorslot gacor
slot gacor
slot gacor situs toto
togel online
toto 4d
situs slot slot demo pgslot 88
slot gacor slot gacor
slot gacor
brenjitu
situs toto
situs toto
SITUS TOTO
toto macau 4d
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot pulsa
hongkong lotto
slot gacor
slot gacor
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
situs totoslot gacordemo slot situs slot gacor
slot66
slot gacor
situs slot gacor
slot gacor
scatter hitam
scatter hitam
slot gacor scatter hitam
scatter hitam
situs slot gacor pulsa
situs baru slot gacor

Hacklinkgrandpashabet
grandpashabet
Meritking
Deneme Bonusu Veren Siteler
Extrabet casino ve güncel giriş
setrabet
Hair Transplant istanbul
da pa kontrolü
casibom giriş
marsbahis
replika saat
eskişehir temizlik
sms onay
ankara nakliyat
ordu nakliyat
Vozol Puff
iqos terea
NORA
creative
Marketing
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu 2024
deneme bonusu veren siteler
deneme bonusu veren siteler
primebahis giriş
bahçelievler nakliyat
istanbul evden eve nakliyat
istanbul bahçelievler evden eve nakliyat
esenyurt escort
casibom güncel giriş
casibom güncel giriş
ligobet girişfixbet girişSahabetligobet girişfixbet girişSahabet
?>

Hacklinkgrandpashabet
grandpashabet
Meritking
Deneme Bonusu Veren Siteler
Extrabet casino ve güncel giriş
setrabet
Hair Transplant istanbul
da pa kontrolü
casibom giriş
marsbahis
replika saat
eskişehir temizlik
sms onay
ankara nakliyat
ordu nakliyat
Vozol Puff
iqos terea
NORA
creative
Marketing
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu 2024
deneme bonusu veren siteler
deneme bonusu veren siteler
primebahis giriş
bahçelievler nakliyat
istanbul evden eve nakliyat
istanbul bahçelievler evden eve nakliyat
esenyurt escort
casibom güncel giriş
casibom güncel giriş
ligobet girişfixbet girişSahabetligobet girişfixbet girişSahabet
Hacklinkbetsat
betsat
betsat
holiganbet
holiganbet
holiganbet
Jojobet giriş
Jojobet giriş
Jojobet giriş
casibom giriş
casibom giriş
casibom giriş
xbet
xbet
xbet
grandpashabet
grandpashabet
grandpashabet
tuzla evden eve nakliyat
İzmir psikoloji
creative news
Digital marketing
radio kalasin
radinongkhai
gebze escort
grandpashabet
grandpashabet
casibom giriş
casibom
casibom güncel
jojobet
sultanbeyli çekici
extrabet resmi hesap
beylikdüzü escort
setrabet
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu siteleri
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
instagram followers buy
Jojobet970
casinolevant
stonebahis giriş
casibom güncel giriş
casibom güncel giriş adresimiz
casibom giriş
deneme bonusu veren siteler
casibom