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DMO opens N1.1trn FGN bond offer as yields rise

Nigeria’s Debt Management Office (DMO) is set to open its latest Federal Government of Nigeria (FGN) bond auction on Monday, offering investors N1.10 trillion across three reopened securities as the domestic fixed-income market faces renewed pressure from rising yields. The offer comprises N250 billion of the 10-year FGN bond maturing in January 2035, N100 billion […]

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