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FG raises N6.49tn from Bond Market in Eight Months to Bridge Deficit

Amid high cost of borrowing and rising debt service pressure, the federal government, through the Debt Management Office (DMO), raised an estimated N6.49 trillion via FGN Bond in months of 2026. The  N6.49 trillion FGN Bond raised between January and August 2026 is against a backdrop of sustained government reliance on the domestic debt market to fund fiscal obligations amid constrained external financing conditions.  [...]