Fitch mulls changes to structured finance, covered bonds rating criteria

International rating agency, Fitch Ratings, says it is proposing changes to its structured finance and covered bonds counterparty rating criteria and has invited feedback from market participants on the draft proposal. Specifically, Fitch is proposing to make adjustments to the eligibility criteria it applies to collection account banks and collection account bank holders under a […]

FG to auction N70bn bonds on May 23

The Debt Management Office (DMO) today stated that the Federal Government would offer for subscription by auction N70 billion worth of bonds in its May 23 auction. The offer circular which was hosted on the DMO’s its website, indicated that government would sell N20 billion of a five-year re-opening issue maturing in April 2023 at […]