Government Raises N3.8 Trillion From Bonds In Six Months

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government raises n38 trillion from bonds in six months
The federal government has realised N3.77 trillion from bond auctions in the first six months of the year, an analysis of the results of the bond auctions conducted by the Debt Management Office (DMO) shows that in January 2024, the Federal Government raised about N418.197 billion from four bonds that were auctioned and another N1.49 trillion from two auctions in February. In March 2024, the DMO raised about N475.67 billion in its bond auction, while the office disclosed that the Federal Government raised N626.8 billion in its April 2024 bond auction. In May, the Federal government raised N380.76 billion from the bond The post Government raises N3.8 trillion from bonds in six months