The federal government’s bond borrowing cost declined across all three instruments offered at Monday’s auction, as the Debt Management Office (DMO) allotted N805.16 billion to investors at lower stop rates compared to previous auctions. The DMO reopened the 22.60 per cent January 2035, 16.25 per cent April 2037 and 15.45 per cent June 2038 FGN […]
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