The Federal Government secured N289.597 billion from its October 2024 bond auction, according to the Debt Management Office (DMO). This auction, held on October 21, featured two re-opened tranches of existing bonds: the 19.30% FGN APR 2029 (5-year bond) and the 18.50% FGN FEB 2031 (7-year bond). Despite the inflationary pressures facing the country, the …
