Business Ranks

DMO raised N724.9B in a bond auction in February.

The Debt Management Office has announced that it raised N724.9 billion in February 2023 Federal Government bond auction. DBO said it was a 100% increase compared to the previous year. The auction, which was held on February 13, 2023, saw a total of 577 bids worth N724.9 billion received for the total amount offered of N360 billion. The total amount allotted was N771.56 billion, with…
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