WED MAY 13 2026-theGBJournal| The Debt Management Office (DMO) on Wednesday announced the listing of a staggering N47.355 billion (18.95%) Series III Green Bond on the Nigerian Exchange (NGX) Limited and the FMDQ Securities Exchange Limited.
The Green Bond- due June 2030- is the third to be issued by the DMO on behalf of the Federal Government of Nigeria.
The first, a N10.69 billion (5-Year tenor 13.48%), was issued in July 2018 while the second, a N15 billion (14.50% 7-year Tenor) sovereign Green Bond (Series 11) was issued on October 14.50%. Both where listed on the Nigerian Stock Exchange (NSE)-now NGX.
The DMO said the listing as an attestation its commitment to providing funds needed to finance green projects to support Nigeria’s commitment to achieving a low-carbon and climate resilient society.
In addition, through the issuance of Green Bonds, the DMO is increasing visibility for climate-focused financial instruments in the domestic market, while also providing ethical investors with securities that meet their investment preferences.
The listing, the DMO added, is to provide liquidity to investors and achieve price transparency.
Chapel Hill Denham and Stanbic Capital Limited are named as the Issuing Houses and Bookrunners, while S.P.A Ajibade and are named as Legal Adviser.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
