The Federal Government of Nigeria has issued a $500 million dollar-denominated bond, opening for subscription on August 19, 2024, officially. This comes after the government had announced plans to issue a $500 million dollar-denominated bond. This bond, part of the government’s financing initiatives, will carry a 9.75 percent per annum interest rate and is set to mature in 2029. Accordingly, the auction for the bond will remain open until August 30, 2024, giving investors a sufficient window to participate in this offering. Further details showed that the settlement date, when investors will h…