Bonds & Fixed Income | |
Bonds & Fixed Income | |
1200 VIEWS | |
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PROSHARE | |
PROSHARE |
Thursday,
March 26, 2020 /10:15 AM / By DMO / Header Image
Credit: NewsVerge
Auction Result for the 12.75% FGN APR 2023 (Re-opening
5-year Bond), 12.5000% FGN MAR 2035 (New Issue 15-Year Bond) & 12.9800% FGN
MAR 2050 (New Issue 30-Year Bond).
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 10.0000%, 12.5000% and 12.9800%,
respectively.
However,
the original coupon rate of 12.75% for the 12.75% FGN APR 2023 will be
maintained, while the coupon rates for the 12.5000% FGN MAR 2035 (New Issue)
and 12.9800% FGN MAR 2050 (New Issue) are set at 12.5000% and 12.9800%
respectively.
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