DMO raises N1.22trn as investors oversubscribe June bond auction by N213.5bn

Nigeria’s Debt Management Office (DMO) has raised N1.2219 trillion in its June bond auction after investors submitted bids worth N1.413 trillion, exceeding the N1.2 trillion on offer by N213.5 billion. The DMO had offered N600 billion each in two reopened benchmark bonds: the 22.60 per cent FGN January 2035 bond The post DMO raises N1.22trn as investors oversubscribe June bond auction by N213.5bn appeared first on National Accord Newspaper .

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