The Federal Government has raised a total of N596.465 billion from its December 15, 2025, bond auction.
Data published on the Debt Management Office (DMO) website show that the auction featured the re-opening of two bonds.
These are: the 17.945% FGN AUG 2030 (5-year bond) and the 17.95% FGN JUN 2032 (7-year bond).
Naijaonpoint recalls that DMO earlier announced the opening of subscriptions for a new round of Federal Government bond auctions totalling N460 billion.
Both bonds were allotted at their marginal rates (17.20% and 17.30%), but their original coupon rates remain unchanged at 17.945% and 17.95%.
The N596.465 billion raised at the December 2025 auction caps a year of sustained domestic borrowing through the FGN bond market, coordinated by the DMO.
According to DMO data, between January and December 2025, total bond allotments reached approximately N5.12 trillion.
A month-by-month look at the data shows that oversubscription was not an isolated December phenomenon.