Summary of FGN Bond Auction Results for November 2021

Proshare

Friday, November 19, 2021 / 01:28 PM  / By DMO / Header Image Credit: iStock

 

Auction Result for the 12.50% FGN JAN 2026 (Re-opening 10-Year Bond), 16.2499% FGN APR 2037 (Re-opening 20-Year Bond) & 12.98% FGN MAR 2050 (Re-opening 30-Year Bond).

 

Proshare Nigeria Pvt. Ltd.

 

Successful bids for the 12.50% FGN JAN 2026, 16.2499% FGN APR 2037 & 12.9800% FGN MAR 2050 were allotted at the Marginal Rates of 11.6500%, 12.9500% and 13.3000%, respectively.

 

However, the original coupon rates of 12.5000% for the 12.5000% FGN JAN 2026, 16.2499% for the 16.2499% FGN APR 2037 and 12.9800% for the 12.9800% FGN MAR 2050 will be maintained.


Proshare Nigeria Pvt. Ltd.


Related News

  1. Dangote Cement Plc Series 1, 2, and 3 Commercial Paper Issuance Now Open
  2. Lagos State Government Series IV Bond Issuance of up to N125bn Coming Soon
  3. UBA Plc Releases Tender Offer Memorandum Results
  4. Ardova Plc Announces Issuance of Series 1 Bond Under the N60bn Debt Issuance Programme
  5. Secondary Market Maintains Bullish Run as Average Yield Declines 14bps WoW to 5.19%
  6. UBA Plc Successfully Launches US$300m 5-Year Senior Notes Under Its USD1.5bn GMTN Programme
  7. Invest in FGN Monthly Bond Auction - November 2021
  8. Implication of Recent NT-Bills Auction for Investors
  9. Ahead of Next NTB Auction Scheduled for November 10, 2021
  10. NGX Facilitates Use of Green Bond in Achieving SDGs Objectives, Combat Climate Change


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP