FGN bond records 307% oversubscription in October auction

October 29, 2025 3ppleloaded 0 Comments

Debt Management Office (DMO) yesterday said that the FGN Bond auction for October recorded 307.6 percent oversubscription reflecting a surge in investors’ demand.

The DMO disclosed this in its 2025 FGN bond auction results which showed subscriptions of N1.06 trillion against the N260 billion offered with allotments declining by 45.5 percent to N313.77 billion in October from N576.62 billion in September.

The result showed that DMO offered two instruments in October—the 17.945% FGN AUG 2030 (5-year reopening) and the 17.95% FGN JUN 2032 (7-year reopening) with an offer of N130 billion respectively…For more Details, Read full original.

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