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Topic: Federal Govt’s N150bn Sovereign Sukuk Offer Oversubscribed By 435%  (Read 610 times)

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Federal Govt’s N150bn Sovereign Sukuk Offer Oversubscribed By 435%
« on: October 13, 2023, 07:02:10 PM »
Federal Govt’s N150bn Sovereign Sukuk Offer Oversubscribed By 435%

The N150 billion Sovereign Sukuk, which offer for subscription closed on October 11, 2023, was well received with a total subscription of N652.827 billion, the Debt Management Office (DMO) said. DMO said the subscription level, which is 435 per cent of the amount offered (N150 billion), was an indication that the level of awareness of the […]

Source: Federal Govt’s N150bn Sovereign Sukuk Offer Oversubscribed By 435%

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