WATCH THE VIDEO HERE Between April and June 2025, the federal government intends to sell bonds between N900 billion and N1.2 trillion to investors. This information was revealed by the Debt Management Office (DMO) in its Bond Issuance Calendar for Q2 2025 The sales will take place once in a month, precisely on April 28, May 26, and June 23, according to the data released by the DMO. It was stated that the debt office will offer the debt instrument in two maturities, with N300 billion and N400 billion offered for sale at each auction. In April and May, the DMO will reopen the 19.30 per cent FGN APR 2029 and 19.89 per cent FGN MAY 2033 bonds, and in June, it will introduce the FGN JAN 2030 and FGN JAN 2032 and five and seven-year, respectively. In April, the APR 2029 bond will have a remaining tenor of four years, while the MAY 2033 bond will have six years and one month left. By May, those terms shorten to three years and eleven months, and six years, respectively. Both bonds retain their original coupon rates of 19.30 per cent and 19.89 per cent. The DMO has also released details for its April auction. The Federal Government plans to raise N350bn through the reopening of the APR 2029 and MAY 2033 bonds. According to the circular, N200bn will be offered in the APR 2029 and N150bn in the MAY 2033. The auction will be held on Monday, April 28, with settlement on Wednesday, April 30.
FG to Sell N1.2trn Bonds in Q2 2025
