
Central Bank of Nigeria
Granting Liquid Asset Status to Sukuk Instruments Issued by State Governments
- Author
- Central Bank of Nigeria
- Year
- 2016
- Pages
- 4 pages
These Central Bank of Nigeria guidelines establish eligibility requirements for state government Sukuk to receive liquid asset status, including enabling legislation, fiscal responsibility measures, debt management structures, investment-grade ratings, proceeds verification, funded sinking funds, repayment protections, maturity limits, and regulatory approvals. They also specify the…