Barbara Bako, Abuja.
The Debt Management Office (DMO) says the Federal Government’s bond auction conducted on May 18, 2026 attracted a total demand of ₦796.17 billion, reflecting sustained investor interest in government securities.
In a press release, the DMO disclosed that the auction featured two instruments, a 22.60 per cent FGN JAN 2035 bond and a 16.2499 per cent FGN APR 2037 bond with a combined offer size of ₦600 billion.
According to the Office, subscriptions from the market amounted to ₦516.17 billion for the two instruments, while an additional ₦280 billion was recorded as Non-Competitive Bid subscriptions.
The DMO said the outcome of the auction underscores the continued importance of the domestic bond market in supporting the Federal Government’s financing requirements.
The agency noted that the strong demand highlights investor confidence in Federal Government securities despite prevailing economic conditions
Good production costs money and you can support what we do. Please find our details below👇🏾👇🏾👇🏾 Account name: MARKET ONLINE MEDIA Bank: UBA Acc No: 1026401930.
