DLM Funding SPV PLC has unveiled the opening of its N30 billion Series 1 Sovereign Bond-Backed Composite Notes (SBCNs) under its N30 billion Medium Term Note Programme for Book Building.
This investment opportunity offers a unique blend of Federal Government of Nigeria (FGN) and Real Sector cash flows.
The SBCNs are rated AAA by Global Credit Rating and DataPro Ratings, and promise investors up to 47.07 per cent per annum hold-to-maturity yield.
According to the firm, with 100 per cent sovereign-level credit risk protection, this instrument is ideal for institutional investors seeking higher yields with minimal risk.
The offer, which is open for book building from July 1, 2025, to July 14, 2025, has a tenor of 10 years and matures in 2035. The notes are fully backed by FGN bond cash flows, providing a high level of security for investors.
“DLM Funding SPV PLC’s Sovereign Bond-Backed Composite Notes represent a first-of-its-kind public bond structure globally, offering a unique upward returns curve that ensures investors receive real returns that continuously outpace inflation over the investment horizon.
“DLM’s SBCNs represent a first-of-its-kind public bond structure globally.
It also has a unique upward returns curve over time that ensures investors receive real returns that continuously outpace inflation over the investment horizon – something that all institutional fixed income investors have desired,” the firm said.
