Summary of FGN Bond Auction Results for June 2021

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Thursday, June 24, 2021 / 09:43 AM  / By DMO / Header Image Credit: DMO

 

Auction Result for the 16.2884% FGN MAR 2027 (Re-opening 10-Year Bond), 12.50% FGN MAR 2035 (Reopening 15-Year Bond) & 12.98% FGN MAR 2050 (Re-opening 30-Year Bond).

 

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Successful bids for the 16.2884% FGN MAR 2027, 12.5000% FGN MAR 2035 & 12.98% FGN MAR 2050 were allotted at the Marginal Rates of 12.7400%, 13.5000% and 13.7000%, respectively.

 

However, the original coupon rates of 16.2884% for the 16.2884% FGN MAR 2027, 12.5000% for the 12.5000% FGN MAR 2035 and 12.9800% for the 12.9800% FGN MAR 2050 will be maintained.


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