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At this month's bond auction, the DMO offered investors securities totaling NGN150 billion.
The 12.5 percent FGN JAN 2026 Bond was also re-opened with details below:
The 13.00 percent FGN JAN 2042 bond with details below
Demand surpassed expectations, with institutional and retail investors driving the offer up by 3.7 percent, with demand reaching NGN557.72 billion, up from NGN325.24 billion at January's auction; bid-to-offer: 2.2 percent.
The DMO ultimately over-allocated instruments valued at NGN297.39 billion.
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