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Osun begins Interview for shortlisted Teachers across the State | Governor Adeleke Congratulates Adeniyi on his Appointment as Chair of World Customs Council. | Osun State Marks a Groundbreaking June in Climate Leadership and Renewable Energy. | GOVERNOR ADELEKE CELEBRATES REP. OMIRIN ON HIS BIRTHDAY. | GOVERNOR ADELEKE EULOGISES SPEAKER EGBEDUN AT 40 | GOVERNOR ADELEKE EXTOLS EX-DEPUTY GOVERNOR, ERELU OBADA AT 74. | GOV. ADELEKE DECLARES FRIDAY, JUNE 27, 2025, AS PUBLIC HOLIDAY TO MARK HIJRAH 1447AH | Hijrah 1447: Governor Adeleke Felicitates with Muslim Ummah. | GOVERNOR ADELEKE GREETS CHIEF OF STAFF TO PRESIDENT, FEMI GBAJABIAMILA, AT 63. | GOVERNOR SANWO-OLU AT 60. | Osun LGs: Governor Adeleke Restates Commitment to Peaceful Resolution | Governor Adeleke Eulogises Sister, Yeyeluwa Modupeola Adeleke-Sanni on her birthday | Governor Adeleke Eulogises Sister, Yeyeluwa Modupeola Adeleke-Sanni on her birthday. | Tinubu Minister Commends Governor Adeleke for Rapid State Development | GOVERNOR ADELEKE FELICITATES OBA AKANBI AT 58. | Governor Adeleke Honoured with Award of Excellence on Climate Action at OAU International Conference. | Don’t pay Osun Local Government Fund into Private Accounts, LG Commissioner Warns CBN, AGF | OYEBAMIJI IS A FALSE ALARMIST, PEDDLING FALSEHOOD TO SHORE UP HIS DESTINED-TO-FAIL ASPIRATION– Spokesperson. | OSUN LOSES ES, COUNCIL FOR ARTS AND CULTURE AS GOVERNOR ADELEKE COMMISERATES WITH OBA ABOLARIN. | Kola Ogunwale as Chairman, College of Health Technology. | Osun Defender’s News Story On Abandonment of Unity Estate, Ido Osun; Fake and Deceitful.
Sukuk bond – 1b
Webmaster September 15, 2013

The State Of Osun N10b Sukuk Bond Still Open

Sukuk bond - 1b

 
The Government of Osun invites subscription to its “Osun Sukuk Company Plc” N10 billion Ijara (Lease) due 2020 further to Securities and Exchange Commission’s (SEC’s) approval.
In March 2013, the Securities and Exchange Commission (SEC)  approved new rules allowing firms to issue Islamic bonds. The Book Building opened on Thursday September 12, 2013 and closes on Wednesday September 25, 2013.
The planned 7-year paper, sources report, forms part of a N60 billion debt raising programme of the state which started last year. Such Funds raised would be used to finance the construction of education projects.  The Government of the State of Osun is targeting local pension funds and international investors for subscription to the bond.
Local credit rating agency Agusto & Co had assigned  an ‘A’ rating to the bond note, which will be listed on the Nigerian Stock Exchange.

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