FGN bonds attract N1.74trn, records 45% oversubscription
By Elizabeth Adegbesan The Federal Government of Nigeria (FGN) bond auction in July 2026 was oversubscribed by 45 percent, or N540 billion, attracting total subscriptions of N1.6 percent for the JAN 2035 bond, 16 percent to 19.45 percent FGN JUN 2038 bonds, with N400 billion offered for each instrument.
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