The Federal Government raised a total of N211.144 billion from its December 2024 bond auction, significantly lower than the N346.155 billion raised in November. The Debt Management Office (DMO), which conducted the auction, reopened two existing instruments: the 19.30% FGN APR 2029 (5-Year Bond) and the 18.50% FGN FEB 2031 (7-Year Bond). The auction reflected […]
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