The Debt Management Officer (DMO) said on Thursday that the Federal Government will offer N60bn bonds for subscription in December.
This was contained in a circular posted on its website.
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The circular gave the breakdown to include a N30bn FGN 15-year re-opening bond to be offered at the rate of 12.5 per cent to mature in March 2035 and another N30bn FGN 25-year re-opening bond to be offered at 9.8 per cent which will mature in July 2045.
The bond, according to the circular will be auctioned on December 16, with a settlement date of December 18.
