FG bonds record 35% oversubscription in April auction

The Federal Government of Nigeria's bond auction in April 2026 recorded a 35.4% oversubscription, according to the Debt Management Office. Investors bid N948.01 billion for bonds worth N700 billion, although total allotments fell by 42.9% to N276.79 billion. Investor interest was strongest for the 10-year JAN 2035 bond, which attracted N599.023 billion in bids.