Plus234Feed

Nigerian Govt to Raise N900bn Through High-Yield FGN Bonds

Business
Nigerian Govt to Raise N900bn Through High-Yield FGN Bonds

The Nigerian government, through the Debt Management Office (DMO), is set to raise N900 billion in the domestic debt market by offering high-yield FGN Bonds to investors. The bond issuance includes three tranches totaling N900 billion with varying coupon rates and maturity dates.

Investors will have the opportunity to participate in the auction scheduled for January 26, 2026. The bonds are structured to attract institutional investors and are backed by the full faith and credit of the federal government.

The issuance aims to provide investors with long-term returns and capitalize on the current high-interest rate environment.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

Read full article

Continue on Legit.ng

Visit
Share