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Banks, pension managers, others stake N105 billion on sukuk bond
The Islamic sukuk bond recently issued by the Federal Government was oversubscribed by more than N5 billion, the Debt Management Office said on Tuesday. The N100 billion seven-year sukuk offered by the Federal Government, which closed on Friday, attracted a subscription of N105,878,320,000, according to a statement issued in Abuja by the DMO. According to the DMO, the project-tied investment …
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