Summary of FGN Bond Auction Results for November 2020


Thursday, November 19, 2020 / 09:18 AM  / By DMO / Header Image Credit: Economic Times


Auction Result for the 12.50% FGN MAR 2035 (Re-opening 15-Year Bond) & 9.80% FGN JUL 2045 (Reopening 25-Year Bond).


Proshare Nigeria Pvt. Ltd.


Successful bids for the 12.5000% FGN MAR 2035 & 9.8000% FGN JUL 2045 were allotted at the Marginal Rates of 5.0000% and 5.7850%, respectively.


However, the original coupon rates of 12.5000% for the 12.5000% FGN MAR 2035 and 9.8000% for the 9.8000% FGN JUL 2045 will be maintained.

Proshare Nigeria Pvt. Ltd.

Related News

  1. NT-Bills Market Sustains Bullish Run as Average Yield Moderates 40bps WoW to 0.1%
  2. Invest in FGN Monthly Bond Auction - November 2020
  3. Treasury Bill Auction Holds Wednesday, November 11th, 2020
  4. NT-Bills PMA Holds This Wednesday; Average Yield in NT-Bills Secondary Market Dips 4bps WoW
  5. Flour Mills of Nigeria 5 and 7 Year Bond Issue is Coming Soon
  6. Average Yield on NT-Bills Expands 12bps WoW as Investor Demand Fades
  7. November 2020 FGN Savings Bonds Offer for Subscription
  8. NSE Lists October 2020 FGN Savings Bond Issue
  9. Treasury Bill Rate At Record Low; Positive for Equities
  10. Yields Strengthen In The Nigeria Eurobond Space As Oil Price Retraced Upward

Proshare Nigeria Pvt. Ltd.
Related News