The Federal Government, through the Debt Management Office (DMO), plans to raise a total of N300 billion from the domestic bond market in May 2025.
This is a 12.5% drop from the N350 billion offered in April 2025, signalling a modest shift in borrowing needs.
According to the May 2025 bond offer circular seen by Nairametrics on Thursday, the DMO is offering N100 billion worth of the 19.30% FGN APR 2029 (a 5-year bond re-opening) and N200 billion of the 19.89% FGN MAY 2033 (a 9-year bond re-opening).