Lagos - The Debt Management Office (DMO) has begun preparations for the issuance of the recently approved federal government Diaspora bond.
The bond, which is expected to be issued before the end of 2014, will be sold only to offshore Diaspora investors, with no on-shore portion, reports ThisDay.
Abraham Nwankwo , Director General of DMO, said the bond to be issued will be a minimum $100 million and up to $300 million.
The Federal Executive Council (FEC) in April approved the floating of a $300 million bond for Nigerians in the Diaspora.
Read more at ThisDay.
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