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DMO Announces N200 Billion Bond Sale with High Returns - Investment Opportunity

Legit NG··1 min read
DMO Announces N200 Billion Bond Sale with High Returns - Investment Opportunity

The Debt Management Office (DMO) in Nigeria has announced a forthcoming auction of two Federal Government bonds totaling N200 billion with returns of up to 17.95%. The auction, scheduled for August 25, 2025, with settlement on August 27, will include a new bond worth N100 billion maturing in August 2030 and a reopening bond of N100 billion maturing in June 2032.

The second tranche will carry an annual interest rate payable every six months. The DMO emphasized that these bonds qualify as trustee investments under the Trustee Investment Act, making them eligible for pension fund investments.

Additionally, the bonds will be listed on the Nigerian Exchange Limited and FMDQ OTC Securities Exchange.

Plus234Feed summary based on reporting from Legit NG.

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