Nigeria raises N748.6bn from FGN bonds as rates ease

The Punch | 17-09-2026 02:17am |

The Federal Government raised N748.64bn from its September 2026 domestic bond auction. The Debt Management Office allotted N288.83bn from the N400bn offered on the 10-year FGN bond at a marginal rate of 16.79 per cent. Investors showed strong demand for both the newly issued 10-year instrument and the reopened 15-year bond.

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