DMO lists N47.36b Series III green bond on NGX, FMDQ

By Elizabeth Adegbesan
The Debt Management Office, DMO, yesterday announced its listing of  the 18.95 percent  N47.36 billion Series III Sovereign Green Bond due June 2030 on the Nigerian Exchange Limited, NGX and FMDQ Securities Exchange Limited.
DMO disclosed this in a statement noting that the Green Bond is an attestation to its  commitment to providing funds needed to finance green projects that support Nigeria’s commitment towards achieving a low-carbon and climate-resilient society.
According to DMO, the listing of the Bond is to provide liquidity to investors and achieve price transparency.
The DMO stated: “The Green Bond, which is the third to be issued by the DMO on behal...