FG raises N1.5tn in two FGN bond offers

The Federal Government raised N1.5tn through bonds at its February auction instead of the N2.5tn it was targeting. The Debt Management Office in a press release on Tuesday disclosed that the 2031 bond had a total allotment of N873.53bn while that of the 2034 bond stood at N621.38bn. Last week, the Federal Government sought to