Summary of FGN Bond Auction Results for May 2021

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Wednesday, May 19, 2021   / 07:50 PM  / By DMO / Header Image Credit: BBC


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Auction Result for the 16.2884% FGN MAR 2027 (Re-opening 10-Year Bond), 12.50% FGN MAR 2035 (Reopening 15-Year Bond) & 14.80% FGN APR 2049 (Re-opening 30-Year Bond).

 

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Successful bids for the 16.2884% FGN MAR 2027, 12.5000% FGN MAR 2035 & 14.8000% FGN APR 2049 were allotted at the Marginal Rates of 13.1000%, 14.0000% and 14.2000%, 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 14.8000% for the 14.8000% FGN APR 2049 will be maintained.


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