WED NOV 19 2025-theGBJournal| Nigeria Debt Management Office (DMO) on Wednesday announced a fresh dual-tranche FGN Bonds for subscription via auction valued at N460 billion, capitalizing on robust demand from institutional investors in previous auctions.
The DMO schedules the auction for November 24, 2025 with bids expected to be received for N23O billion 5-Year reopening priced at 17.945% and N23O billion 7-Year Re-opening priced at 17.95%.
The DMO said successful bidders will be settled on November 26, 2025.
The Debt Management Office has set a competitive bid minimum of N1,000 per unit, with a minimum subscription of N50,001,000 and subsequent increments in multiples of N1,000,
FGN Bonds are backed by the full faith and credit of Federal Government and are charged upon the general assets of Nigeria.
In September, the FG recorded total subscription of N1.26 trillion over oversubscription on FGN Bonds auction amid rate cut
Similarly, the DMO, recently issued 10- and 20-year Eurobonds attracted more than $12 billion in orders, the country’s largest ever orderbook.
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