The Debt Management Office (DMO) has unveiled plans to offer N5.75 trillion in Federal Government of Nigeria (FGN) bonds in the last quarter of this year.
In its just published provisional debt instruments calendar sourced by our correspondent, the Office stated that offers would be conducted across three auctions: N1.75 trillion on October 19, N2 trillion on November 16, and N2 trillion on December 14.
It disclosed that the bonds would be offered across three maturities, namely 19.00% FGN Feb 2034 (N1.5trn total), 16.79% FGN Sept 2036 (N2.8trn), and 15.45% FGN June 2038 (N1.45trn).
The Federal Government had allotted N7.15 trillion in FGN bonds between January and September 2026, more than double the N3.48 trillion allotted in the same period of 2025, with allotments surging by 491% in August and 401% in July year-on-year.
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Available data on the nation’s debt stock indicated that the public debt stood at N166.79 trillion as of June 30, 2026, with domestic debt accounting for N91.59 trillion.
The DMO clarified that the just published debt calendar remained provisional and could be changed anytime based on budgetary developments.
