Summary of Auction Results for April 2017


 Wednesday, April 19, 2016/ 2.33 PM / DMO

Auction Result for the 14.50% FGN JUL 2021 (Re-opening), 16.2884% FGN MAR 2027 (Re-opening 10-Year Bond) & 16.2499% FGN APR 2037 (New Issue) 

Source: DMO  

Successful bids for the 14.50% FGN JUL 2021, 16.2884% FGN MAR 2027 and 16.2499% FGN APR 2037 were allotted at the Marginal Rates of 15.9899%, 16.2430% and 16.2499%, respectively.  

However, the original coupon rates of 14.50% for the 14.50% FGN JUL 2021, and 16.2884% for the 16.2884% FGN MAR 2027 will be maintained, while the coupon rate for the 16.2499% FGN APR 2037 (New Issue) is set at 16.2499%.

Related News 

1.       Alarming Rise In Domestic Debt Service

2.      FMDQ lists first ever Vetiva S&P Nigerian Sovereign Bond ETF

3.      The Good Health of the DMO; Looks to Raise N130bn in Third Monthly Auction

4.      Invest in FGN Monthly Bond Auction – March 2017

5.      DMO partners FMDQ to list first ever FGN $1bl Eurobond

6.      Eurobond Listing, Trading and Settlement Framework

7.  NSE Lists Nigeria's First FX Denominated Bonds; Partners DMO to List $1bn FGN Eurobonds

8.     Projects To Be Financed Via Proposed FG N20bn Green Bonds

9.      NSE hosts FG, Private sector parley on Green Bonds investments

10.  FMDQ Admits 9.00bn Forte Oil PLC Bond

11.   The FGN Savings Bond

12.  NSE Increases Listing Momentum, Lists Forte Oil's N9 Billion Bond

13.  Federal Government Meets Investors on the Issuance of Sovereign Green Bonds


Related News