BOI hails Tinubu as N250bn bond oversubscribes in five days

BOI hails Tinubu as ₦250bn bond is oversubscribed within 5 days

BOI Chief Executive Officer Olasupo Olusi said the bond’s oversubscription indicates investors’ confidence in the bank and Nigeria. The post BOI hails Tinubu as ₦250bn bond is oversubscribed within 5 days appeared first on Vanguard News.

BOI hails Tinubu as N250bn bond oversubscribes in five days

The Bank of Industry’s N250bn bond was oversubscribed in five days, with BOI crediting President Tinubu’s leadership for the success. Learn more about the Read More: https://punchng.com/boi-hails-tinubu-as-n250bn-bond-oversubscribes-in-five-days/

Bank of Industry lauds Tinubu for N250bn bond oversubscription

The BOI chief executive also said the ₦100 billion fund approved for the Bank by President Tinubu would be used to blend the bond's pricing and cushion the impact of high interest rates for manufacturers and other BOI customers.

Bank of Industry lauds Tinubu over N250b series 1 bond oversubscription

The Bank of Industry Limited (BOI) has praised President Bola Ahmed Tinubu for his leadership and support after its ₦250 billion Series 1 Fixed Rate Bond was oversubscribed within five days. The bank issued the bond through its BOI Financing SPV Plc under the bank’s $1 billion Multi-Currency Instruments Programme. BOI Chief Executive Officer Olasupo Olusi said the bond’s oversubscription indicates investors’ confidence in the bank and Nigeria. “…