Nigeria government bonds · auction 15 Dec 2025 · NGN
Nigeria bond auction, 15 Dec 2025: 7-year at 17.30%
2 bond lines from the Debt Management Office, Nigeria’s own result. Rates are the marginal (stop) rate, percent per annum; uniform-price auctions, so every successful bid pays it. Information, not advice.
Headline: 7-year bond 17.95% FGN JUN 2032
17.30%
Largest amount accepted at this auction
Change vs previous 7-year sale
+130 bp
16.00% on 24 Nov 2025
Accepted
NGN 596.5bn
Against NGN 460.0bn on offer
Bid cover
1.49×
Bids of NGN 890.6bn ÷ accepted
Results
Every line, 2 in all
Amounts in NGN millions. Change is in basis points (100 bp = 1 percentage point) from the previous sale of the same tenor, whenever it was. Bid cover is bids received divided by the amount accepted.
- 5-year17.945% FGN AUG 2030matures 27 Aug 2030
- Sale
- reopening
- Coupon
- 17.945%
- Rate
- 17.200%
- Bid range
- 15.00–18.51%
- Previous
- 15.900% 2025-11-24
- Change, bp
- +130
- Offered, NGNm
- 230,000
- Bids, NGNm
- 159,211
- Accepted, NGNm
- 101,987
- Bid cover
- 1.56×
- Source
- notice
- 7-year17.95% FGN JUN 2032matures 25 Jun 2032
- Sale
- reopening
- Coupon
- 17.950%
- Rate
- 17.300%
- Bid range
- 15.00–18.52%
- Previous
- 16.000% 2025-11-24
- Change, bp
- +130
- Offered, NGNm
- 230,000
- Bids, NGNm
- 731,399
- Accepted, NGNm
- 494,478
- Bid cover
- 1.48×
- Source
- notice
| Bond | Sale | Coupon | Rate | Bid range | Previous | Change, bp | Offered, NGNm | Bids, NGNm | Accepted, NGNm | Bid cover | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5-year17.945% FGN AUG 2030matures 27 Aug 2030 | reopening | 17.945% | 17.200% | 15.00–18.51% | 15.900% 2025-11-24 | +130 | 230,000 | 159,211 | 101,987 | 1.56× | notice |
| 7-year17.95% FGN JUN 2032matures 25 Jun 2032 | reopening | 17.950% | 17.300% | 15.00–18.52% | 16.000% 2025-11-24 | +130 | 230,000 | 731,399 | 494,478 | 1.48× | notice |
Source notice: dmo.gov.ng. Compiled by Afronomics, data updated 2026-10-19. Information, not advice.
Data
Take the data with you
CSV
Every Nigeria bond auction we hold, one row per line. Latest 12 months free; full history with a key.
/api/data/bonds/nigeriaJSON API
This auction’s lines as JSON. Latest 12 months free; full history with a key.
/api/v1/bonds/nigeria?from=2025-12-15&to=2025-12-15For investment teams
A 30-day pilot: an API key with the full history of every market we cover, free.
Request a pilotCite or reuse this data
Free to quote, chart and republish with the credit “Source: Afronomics, compiled from the Debt Management Office, Nigeria” and a link to this page.
Afronomics (2026). Nigeria government bond auction, 15 Dec 2025, compiled from the Debt Management Office, Nigeria. Retrieved 4 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2025-12-15