The Federal Government, via the Debt Management Office (DMO), plans to raise ₦100 billion through fresh bond issuance in late June .
The bond offer comprises ₦50 billion each for a five-year reopening of the April 2029 bond and a new seven-year June 2032 issuance .
The auction is scheduled for June 23, with settlement set for June 25. Proceeds will support budget finance, infrastructural projects, and efforts to rebalance revenue deficits.
Market analysts expect strong investor interest, particularly from pension funds, insurance companies, and ESG-focused investors eyeing the green bond structure .
However, bond investors are keenly monitoring yields, currently near 19.3%, noting the need for careful calibration between attractive returns and fiscal prudence .
As government debt increases alongside revenue gains, officials say the bond deployment will be transparent and aligned with capital efficiency goals.
