The Debt Management Office (DMO) has announced plans to raise about ₦4 trillion through FGN Bond auctions in Q3 2026, covering three issuance dates: July 20, August 17, and September 14.
The Federal Government attracted ₦1.41 trillion in investor bids at its June 2026 bond auction, surpassing the ₦1.2tn offered, according to the Debt Management Office (DMO).
DMO Eyes N1.2trn from Major Bond Reopenings
The Debt Management Office (DMO) acting on behalf of the Federal Government of Nigeria, plans to raise N1.2tn through the reopening of two Federal Government of Nigeria bonds at an auction scheduled for 22 June 2026.
According to the...
FGN Bond Auction Sees 45% Decline in Subscriptions
Investor demand for Federal Government of Nigeria (FGN) bonds weakened sharply in May 2026, as total subscriptions fell by 45.6% month-on-month, despite higher yields at auction.
Data from the Debt Management Office (DMO) showed subscriptions dropped to ₦516.17bn...
Subnational external debt rose sharply in 2025, with 32 states and the Federal Capital Territory (FCT) accumulating nearly $5.7bn, despite higher inflows from the Federation Account Allocation Committee (FAAC). Â