DMO raises N614.5bn through May 2026 bond auction
The Debt Management Office has announced the results of the Federal Government’s May 2026 bond auction, with total allotments rising to about N614.5 billion across two re-opened instruments.
According to the auction results released by the DMO, the Federal Government offered two instruments during the auction held on May 18, 2026 — the 22.60% FGN JAN 2035 bond and the 16.2499% FGN APR 2037 bond — with each instrument carrying an initial offer size of N300 billion.
Settlement for both bonds has been scheduled for May 20, 2026.
.nairametrics
