Nigeria’s October bond auction draws ₦2.02 trillion in allotments as yields rise
The Debt Management Office allotted ₦1.22 trillion competitively and a further ₦800 billion non-competitively at its October 19 federal bond auction.
- Publish date: 2026-10-20
- Category: Standards & Policy
- Original source: Nairametrics
- Reading time: 1 min read
Nigeria’s October bond auction draws ₦2.02 trillion in allotments as yields rise
The Debt Management Office allotted ₦1.22 trillion competitively and a further ₦800 billion non-competitively at its October 19 federal bond auction.
The total was about 63.5% above September’s competitive allotment. Nairametrics said the DMO accepted higher stop rates on 10- and 15-year bonds; the allotment figures reflect government borrowing through this auction.