FG to raise N450bn from January 2025 FGN bond auction

The Federal Government through the Debt Management Office (DMO), has disclosed plans to generate N450 billion through its January 2025 bond auction.

The figure is higher than the N360 billion offered in January 2024 and the N120 billion offered last month in December of last year.

This initiative aims to bridge the fiscal deficit and address the government’s financial obligations while providing investment opportunities for institutional and individual investors.

The first FGN bond auction this year features both reopened and new bond issuances, catering to diverse investor interests.

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