FG Eyes ₦700bn Via April Bonds

Bonds   The Federal Government is planning to raise N700bn from the domestic bond market in April 2026, according to the April 2026 Bond Offer Circular issued by the Debt Management Office (DMO) on Wednesday. Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569656851-0"); }); The auction scheduled for April 27, with settlement on April 29, will feature the re-opening of existing instruments across three maturities. Offer comprises N300bn of the 17.945 per cent FGN August 2030 bond, N100bn of the 17.95 per cent FGN June 2032 bond, and N300bn of the 22.60 per cent FGN January 2035 bond.   FILES: Naira notes   Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569913499-0"); }); In March, the government offered a total of N750bn, comprising N250bn in a five-year bond, N200bn in a seven-year bond, and N300bn in a 10-year bond. The April bonds will be issued in units of N1,000, with a minimum subscription of N50.001m, targeting institutional investors such as pension funds, banks, and asset managers. The offer has declined steadily from N900bn in January to N800bn in February, N750bn in March, and now N700bn in April.   Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672587799169-0"); });   READ ALSO: Dawes Marginal Field: AEC Commends FG For Swift Action To Safeguard Indigenous Energy Investment The latest adjustment reduces the overall size by N50bn. Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672587060870-0"); }); While the latest offer also alters the distribution across maturities, with the seven-year component cut significantly, the coupon structure for the issuance further highlights the prevailing high-yield environment. The five-year and seven-year instruments carry rates of about 17.945 per cent and 17.95 per cent, respectively; the 10-year bond is priced significantly higher at 22.60 per cent.     Join Our Whatsapp Channel To join: Simply click on the link below & turn on notifications to get the latest updates Subscribe to Our Newsletter In This Article: April 2026 Bonds Nigeria More Stories No related articles found /* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * / var disqus_shortname = 'channelstelevision'; // Required - Replace example with your forum shortname / * * DON'T EDIT BELOW THIS LINE * * */ (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })(); Please enable JavaScript to view the comments powered by Disqus.

SOURCE: https://www.channelstv.com/2026/04/23/fg-eyes-%e2%82%a6700bn-via-april-bonds/