Nigeria’s debt managers are testing investor appetite with a N600 billion bond auction, even as borrowing costs show early signs of easing across the fixed-income market. The Debt Management Office (DMO), acting on behalf of the Federal Government, is reopening two existing bonds with headline coupon rates of 22.60 per cent and 16.2499 per cent, offering investors a mix of high returns and long-term stability. The offer, which closes today, May 18, 2026, settles on May 20 and spans two maturities, 10-year and 20-year tenors, targeting institutional investors hungry for yield.................…...READ MORE