30
May
Introduce 30-yr Domestic Bond To Ease Fiscal Burden – Finance Expert As part of measures to raise revenue and ease pressure on the central government, Chairman of the Research Committee at Tesah Capital, Professor Elikplimi Agbloyor, is recommending that managers of the economy consider lengthening the nation’s existing debt profile through the issuance of a 30-year domestic bond Currently, the longest-tenured domestic debt instruments are a 6-year bond, a 7-year bond, a 10-year bond and a 15-year bond, with the longest tenor being a 20-year bond introduced in 2019. The 20-year bond – which was issued through a shelf offering…