DMO’s June Bond Auction Records 603% Oversubscription Amid Cooling Inflation, Rate Adjustments
The Debt Management Office (DMO) has reported an overwhelming investor interest in its June 2025 bond auction, recording a 603% subscription rate as investors sought to take advantage of cooling inflation and adjusted interest rates. According to figures released by the DMO, the federal government offered ₦100 billion worth of bonds—comprising ₦50 billion each of