Summary of FGN Bond Auction Results For June 2020

Proshare

Thursday, June 18, 2020 / 10:31 AM  / By DMO / Header Image Credit: Nigerian News Direct

 

Proshare Nigeria Pvt. Ltd.


Auction Result for the 12.75% FGN APR 2023 (Re-opening 5-year Bond), 12.50% FGN MAR 2035 (Re-opening 15-Year Bond) & 12.98% FGN MAR 2050 (Re-opening 30-Year Bond)

 

Proshare Nigeria Pvt. Ltd.


Successful bids for the 12.7500% FGN APR 2023, 12.5000% FGN MAR 2035, and 12.9800% FGN MAR 2050 were allotted at the Marginal Rates of 8.0000%, 11.0000% and 12.1500%, respectively.

 

However, the original coupon rates of 12.7500% for the 12.7500% FGN APR 2023, 12.5000% for the 12.5000% FGN MAR 2035 and 12.9800% for the 12.9800% FGN MAR 2050 will be maintained.

 

Proshare Nigeria Pvt. Ltd.


Related News

  1. Double Whammy At the Primaries as The DMO Drops Rates At Both NTB and Bond Auctions
  2. Yield Dropped Opening The Week As Unmet Sukuk Demand Chased Benchmark Bonds
  3. Guinness Nigeria Plc Series 1 and 2 Commercial Paper Is Coming soon
  4. NSE Lists Dangote Cement Plc Bonds
  5. Mute Activities in Fixed Income Market
  6. Investors Remain Calm as Average Yield Closes Flat at 3.4%
  7. Rates Closes Lower for Short and Mid-Dated Bills at The Treasury Bills Primary Auction
  8. FMDQ, FSD Africa And CBI To Host Session on Green Financing
  9. Fixed Income Securities Activities Remained Depressed Triggered by Low System Liquidity
  10. Invest in FGN Monthly Bond Auction - June 2020

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
READ MORE:
Related News
SCROLL TO TOP