Tag: DMO

Finance

DMO auctions ₦600bn bonds with yield up to 22.60%

The Debt Management Office Nigeria is auctioning N600 billion today, Monday May 18, 2026, reopened Federal Government bonds, with elevated yield as high as 22.60 per cent. On behalf of the Federal Government of Nigeria, the agency is rolling out two previously issued instruments carrying coupon rates of 22.60 per cent and 16.2499 per cent, […]

Finance

DMO allots ₦4.074bn in May savings bonds

The Debt Management Office has allotted a total of N4.074 billion in its May 2026 Federal Government of Nigeria Savings Bond issuance as investors showed stronger preference for the three-year tenor instrument. This is according to the auction result released by the DMO on Friday. The subscription window for the savings bonds opened between May […]

Business

DMO announces N600bn FGN bond auction for May

The Debt Management Office has announced, on behalf of the Federal Government, a new N600 billion Federal Government of Nigeria bond auction scheduled for May 2026. The offer is part of the government’s ongoing efforts to meet fiscal obligations, deepen the domestic capital market, and sustain investor participation in fixed-income instruments amid strong demand. According […]

Finance

DMO opens May 2026 savings bond offer with 14.5% return

The Debt Management Office has opened May 2026 FGN Savings Bond subscription, offering Nigerians investment opportunities with returns of up to 14.525 per cent per annum. Nairametrics reported that the DMO announced the offer on Monday on behalf of the Federal Government of Nigeria under existing debt laws. The subscription window runs from May 4 […]

Nigerians to present BVN, NIN for dollar bond subscription
Business

DMO plans N700bn federal bond auction for April 27

The Debt Management Office on behalf of the Federal Government of Nigeria, is set to raise N700 billion through a Federal Government Bond auction scheduled for Monday, April 27, 2026. This was disclosed in an official offer circular issued to Primary Dealer Market Makers, which outlined the instruments on offer and the terms of the […]

Finance

FG borrowed ₦2.69tn from bond market in Q1 2026 — DMO

The Federal Government borrowed N2.69tn from the domestic bond market in the first quarter of 2026, as strong investor demand continued to drive subscriptions above offer levels despite tighter allotments, an analysis of Debt Management Office auction results has shown. Data from the DMO for January, February, and March 2026 indicated that the total was […]

Finance

DMO reports 4.28% oversubscription in March bond auction

The Federal Government of Nigeria bond auction in March 2026 recorded strong investor demand with a 4.28 per cent oversubscription, the Debt Management Office disclosed on Tuesday. Investors bid N931.5 billion for bonds worth N750 billion, though total allotments fell 7.4 per cent to N485.49 billion, down from N524.28 billion in February. Three instruments were […]

Nigerians to present BVN, NIN for dollar bond subscription
Business

DMO to raise N800b in February bond auction

The Debt Management Office plans to raise N800 billion through its February 2026 Federal Government bond auction, marking a significant increase from the same period last year, though below January’s record N900 billion offering. The agency’s bond offer circular, published on its website Monday, details N400 billion of 17.95 per cent FGN JUN 2032 (seven-year […]

News

Transcorp, DMO, MTN win at NGX ‘Made of Africa’ awards

Transnational Corporation Plc, the Debt Management Office, and MTN Nigeria Communications emerged as major winners at the 2025 Made of Africa Awards organised by the Nigerian Exchange Group. The awards ceremony, announced on Thursday, celebrates institutions and individuals who promote excellence and strong performance in Nigeria’s capital markets. The recognition covers brokers, issuing houses, trustees, […]

Business

FGN savings bond subscriptions open for February 2026 issue

The Debt Management Office, on behalf of the Federal Government of Nigeria, has opened subscriptions for the February 2026 FGN Savings Bond, offering investors annual returns of up to 15.356 per cent. According to a DMO circular, the bond’s tenors, interest rates, and subscription schedule have been outlined for prospective investors. The savings bond is […]

featured Finance

States must follow law in borrowing, DMO insists

The Debt Management Office has called on state governments to strictly adhere to the provisions of the Fiscal Responsibility Act and other applicable laws when undertaking borrowing activities. The Director General of the Debt Management Office, Ms Patience Oniha, gave the charge at a workshop on borrowing guidelines organised for officials of state governments in […]