Tag: bond auction

Low Rates Curb Appetite As Nigeria Raises Less Cash At Bond Auction

by Harry Choms

February 21, 2024

Nigeria's Debt Management Office fell short of its target, raising only half of the planned N2.5 trillion in seven and ten-year bonds due to subdued investor interest driven by low-interest ...

DMO raises N724.9bn in February bond auction

by Ikenna Ngere

February 14, 2023

The Debt Management Office has announced that it raised N724.9 billion in February 2023 Federal Government bond auction. DBO said it was a 100% increase compared to the previous year. ...