This post was originally published on this site.
The FG borrowed a net N7.6 trillion from the domestic debt market between January and June 2026Cordros Securities’ market report showed Treasury bill issuances surged 59.8% year-on-year to N12.75 trillionThe investment firm warned that yields will remain elevated in the second half of 2026
The Federal Government drew a net N7.6 trillion from Nigeria’s domestic debt market in the first six months of 2026, leaning heavily on local investors to fund its budgetary commitments through Treasury bills and Federal Government of Nigeria (FGN) bonds.
The figures emerged from a market review and outlook report by Cordros Securities, titled *Nigeria in 2026: Recovery to Realignment*, which detailed how the Debt Management Office (DMO) raised N3.18 trillion through Treasury bills and N4.42 trillion via FGN bonds over the period.
The report described the scale of domestic borrowing as among the highest recorded in recent years.
The DMO raised N7.6 trillion from local investors Photo: BloombergSource:
