The Debt Administration Workplace (DMO) has introduced that it efficiently raised N136.16 billion from the Federal Authorities of Nigeria (FGN) bond public sale carried out in August 2025.
In response to the DMO, the public sale featured the 17.945% FGN AUG 2030 (new 5-year bond) and the 17.95% FGN JUN 2032 (re-opening, 7-year bond), every with an provided dimension of N100 billion.
That is in line with a round posted on DMO’s web site on Tuesday.
In response to the info, the 5-year bond attracted 70 bids price N102.36 billion, out of which the DMO allotted N46.01 billion at a marginal fee of 17.945%. Bid charges for this instrument ranged between 12.50% and 21.50%.
The 7-year bond witnessed stronger curiosity, with 111 bids amounting to N165.81 billion. The DMO allotted N90.16 billion at a marginal fee of 18%, inside a bid vary of 15% to 22%.
In July 2025, DMO introduced {that a} complete of N185.9 billion efficiently allotted throughout two re-opened bond choices. That is greater than the allotment for August.
Whereas the bonds retained their unique coupon charges of 19.30% and 17.95% respectively, they had been allotted at marginal charges of 15.69% for the 5-Yr bond and 15.90% for the 7-Yr bond.
The bond re-openings attracted a complete of 149 bids 40 for the 2029 maturity and 109 for the 2032 maturity. Of those, 74 bids had been profitable (15 and 59 respectively).
In response to the DMO, the bond issuance was carried out in compliance with the Debt Administration Workplace (Institution) Act, 2003, and the Native Loans (Registered Inventory and Securities) Act, CAP. L17, Legal guidelines of the Federation of Nigeria 2004.
The bonds will likely be repaid in full on their respective maturity dates by bullet reimbursement, that means the principal will likely be paid again in a single lump sum.
