BOND AUCTION RESULTS   


May 27 (Lagos) - The DMO offered  N 300.00 billion but allotted a total of N 300.69 billion across the two tenors.


Total subscription was N 436.41 billion.  


The bid-to-cover ratio was approximately 1.45x.


The stop rates for the Apr 2029 and May 2033 papers closed at 18.98% (-2bps) and 19.849% (-14.1 bps), respectively.

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