Bonds & Fixed Income | |
Bonds & Fixed Income | |
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PROSHARE | |
PROSHARE |
Thursday,
April 23, 2020 / 2:10 PM / By DMO / Header Image
Credit: Pixabay
Auction Result for the 12.75% FGN APR 2023 (Re-opening
5-year Bond), 12.5000% FGN MAR 2035 (Re-opening 15-Year Bond) & 12.9800%
FGN MAR 2050 (Re-opening 30-Year Bond).
Successful
bids for the 12.7500% FGN APR 2023, 12.5000% FGN MAR 2035, and 12.9800% FGN MAR
2050 were allotted at the Marginal Rates of 9.0000%, 12.0000% and 12.5000%,
respectively.
However,
the original coupon rates of 12.75% for the 12.75% FGN APR 2023, 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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