
The Debt Management Office (DMO) has announced that the Federal Government plans to raise ₦900 billion through the reopening of three Federal Government of Nigeria (FGN) bonds at its January 2026 auction.
According to a circular issued by the DMO on Monday, the bond auction is scheduled to hold on January 26, 2026, while settlement for successful bids will take place on January 28, 2026.
The DMO stated that the issuance will involve a mix of medium- and long-term instruments, offering investors a range of maturity options to suit different investment horizons and risk preferences.
The bond reopening forms part of the Federal Government’s domestic borrowing programme and is aimed at financing budgetary obligations as well as refinancing existing debt.
Market analysts say the planned issuance is expected to attract strong investor interest, given the relatively high yields on government securities and the continued appetite for fixed-income assets in the domestic market.