FG Offers ₦80bn Bond Auction for July 2025: Key Details for Investors
July 2025 Bond Auction: Investment Opportunity The Debt Management Office (DMO) has announced an ₦80 billion Federal Government bond auction for July 2025, offering investors: 💰 High-Yield Options:• 19.30% APR 2029 bond (₦20bn offer)• 17.95% JUN 2032 bond (₦60bn offer) 📅 Key Dates:• Auction: July 28, 2025• Settlement: July 30, 2025 Investment Terms at a Glance DetailAPR 2029 BondJUN 2032 BondOffer Amount₦20bn₦60bnTenor5 years7 yearsCoupon Rate19.30%17.95%Minimum Subscription₦5,000₦5,000Interest PaymentSemi-annualSemi-annualMaturity TypeBullet repaymentBullet repayment Why This Auction Matters 📈 Investor Appeal: Attractive yields compared to inflation (22.22% as of June 2024) Semi-annual interest payments provide steady income 🇳🇬 Economic Impact: Funds critical government projects Deepens domestic debt market 💡 Compared to June Auction: 20% reduction from ₦100bn June offer Strong demand seen in previous auction (₦561bn bids for 2032 bond) How to Participate 1️⃣ Eligibility: Open to institutional and retail investors2️⃣ Subscription: Minimum ₦5,000 investment Multiples of ₦1,000 thereafter Maximum ₦50m per bid3️⃣ Process: Submit bids through primary dealer banks Market Context […]