By Kemi Adeyemi
Nigeria’s April 2026 bond auction recorded strong investor interest, with subscriptions exceeding the offer by 35.4 percent, according to the Debt Management Office (DMO).
Investors bid ₦948.01 billion against an offer of ₦700 billion, though actual allotments dropped to ₦276.79 billion.
The 10-year bond attracted the highest demand, accounting for the bulk of subscriptions and allocations.
Market analysts say the trend reflects sustained confidence in government securities despite tighter allocations and evolving fiscal conditions.
© 2026, Standard Focus. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from STANDARD FOCUS.