The Federal Government is seeking to raise N2.5tr in its second FGN bonds auction of the year.
The Debt Management Office (DMO) in a circular issued on Wednesday, stated that the offerings consisted of N1.25tn with a maturity date of February 2031 and N1.25tn with a 10-year tenor.
FGN savings bonds are part of the domestic borrowing plan of the Federal Government.
Last year, the Federal Government raised about N7.06tr from the fixed-income market.
This year, the Federal Government has projected its new borrowings to hit N7.83tr.
