DMO to auction ₦2tn November bond

DMO to auction ₦2tn November bond

The Debt Management Office (DMO) is set to auction a ₦2 trillion Federal Government of Nigeria (FGN) bond that marks a deliberate strategic pivot away from long-term debt obligations toward shorter-dated maturities.Following a recent revision to its fourth-quarter issuance calendar for November and December 2026, the debt office has dropped previously scheduled 2034, 2036, and 2038 papers in favor of reopening four shorter-tenored instruments.

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Reported by nigeriannewsdirect.com.

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