Ahead of FGN Bond Auction Scheduled for April 25th, 2022

Dear All,
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), will be conducting a bond auction on Monday 25th of April 2022.
The total amount on offer is expected to be between NGN210bn and NGN240bn from three issues. The instruments include two re-opening issues (Mar 2025 and Jan 2042) and a new issue (Apr 2032).
13.53% FGN MAR 2025                       9.00% – 9.50%
FGN JAN 2032                                       12.00% – 12.50%
13.00% FGN JAN 2042                        12.90% – 13.10%

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