FG Records Bullish Investors Demand In July’s ₦186bn Bond Auction

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The Debt Management Office (DMO) has announced the completion of its Federal Government bond auction, with about ₦186 billion allotted across two reopened bond offerings.

According to figures released on the DMO website, the auction fetched ₦39.075 billion in total subscriptions for the 5-Year FGN APR 2029 bond and an impressive ₦261.597 billion for the 7-Year FGN JUN 2032 bond.

Out of…

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