Summary of FGN Bond Auction Results For August 2019

Proshare

Thursday, August 22, 2019 10:27AM / DMO

 

Auction Result for the 12.75% FGN APR 2023 (Re-opening 5-year Bond), 14.55% FGN APR 2029 (Re-opening 10-Year Bond) & 14.80% FGN APR 2049 (Re-opening 30-Year Bond)

 

Proshare Nigeria Pvt. Ltd.


Successful bids for the 12.75% FGN APR 2023, 14.55% FGN APR 2029, and 14.80% FGN APR 2049 were allotted at the Marginal Rates of 14.2900%, 14.3900% and 14.5900% respectively. 

However, the original coupon rate of 12.75% for the 12.75% FGN APR 2023, 14.55% for the 14.55% FGN APR 2029 and 14.80% for the 14.80% FGN APR 2049 will be maintained.


Proshare Nigeria Pvt. Ltd.


Related News

  1. DMO Records Lowest FGN Bond Auction Sale in 8-Months
  2. Funding Pressures Persist as Banks camp at the Standing Lending Facility (SLF) Window
  3. T-bill Yields Remain Pressured as CBN Retail FX auction Drains System Liquidity
  4. Invest in FGN Monthly Bond Auction – August 2019
  5. CBN Succumbs to Market Pressures, Raises OMO Auction Rate
  6. T-bill Yields Spike by 130bps as Offshore Selloffs Persist
  7. Renewed Sell-Offs on T-Bills Push Yields 1.3% Higher WoW to 12.6% as PMA Holds Today
  8. T-BILL Yields Spike by c.70bps Following Renewed Offshore Selloff
  9. Treasury Yields Trend Higher, as CBN Resumes OMO Auction
  10. FMDQ Transits To A Full-fledged Securities Exchange
  11. FGN Bond Yields Tick Higher, As Offshore Investors Resume Profit Taking
  12. Average Yield on T-Bills Instruments Marginally Advances to 11.2% Amidst Absence of OMO Auctions
  13. August 2019 FGN Savings Bonds Offer for Subscription

 

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

 

 

 

READ MORE:
Related News
SCROLL TO TOP