DMO Announces ₦460 Billion Reopened FGN Bond Offer to Boost Budget Funding
The Debt Management Office (DMO) of Nigeria has announced a major offering of Federal Government of Nigeria (FGN) Bonds, setting a target of ₦460 billion to be raised through the reopening of several benchmark instruments.
This auction is a key component of the Federal Government’s domestic borrowing plan, aimed at financing the 2025 Budget deficit and supporting critical national infrastructure projects.
Key Details of the Offer:
The offering, scheduled for [Insert Actual Auction Date Here, e.g., November 27, 2025], will include the reopening of three distinct FGN bond issues across different tenors:
- [Maturity 1, e.g., 10-Year] FGN Bond
- [Maturity 2, e.g., 15-Year] FGN Bond
- [Maturity 3, e.g., 20-Year or 30-Year] FGN Bond
The total quantum available across these issues is up to ₦460 billion.
Investment Opportunity:
FGN Bonds are highly attractive as they represent the highest credit quality investment in the country, being direct and unconditional obligations of the Federal Government. The issuance provides institutional investors, asset managers, and high-net-worth individuals with a secured opportunity for fixed income participation in the Nigerian sovereign debt market.
Interested investors should submit their competitive bids through authorized dealing members (stockbrokers and banks) before the close of the auction. The results will be announced shortly after the bidding process.
Source: Debt Management Office (DMO)
