Summary of Auction Results for March 2017


Thursday, March 16, 2016/ 9.03 AM / DMO

Auction Result for the 14.50% FGN JUL 2021 (Re-opening), 16.2884% FGN MAR 2027 (New Issue 10- Year Bond) & 12.40% FGN MAR 2036 (Re-opening)

Source: DMO

Successful bids for the 14.50% FGN JUL 2021, 16.2884% FGN MAR 2027 and 12.40% FGN MAR 2036 were allotted at the Marginal Rates of 16.2400%, 16.2884% and 16.2800%, respectively.

However, the original coupon rates of 14.50% for the 14.50% FGN JUL 2021, and 12.40 for the 12.40% FGN MAR 2036 will be maintained, while the coupon rate for the 16.2884% FGN MAR 2027 (New Issue) is set at 16.2884%.

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