Summary of FGN Bond Auction Results for January 2021

Thursday, January 21, 2021 / 8:42 AM  / By DMO / Header Image Credit: Freepik

Auction Result for the 16.2884% FGN MAR 2027 (Re-opening 10-Year Bond), 12.50% FGN MAR 2035 (Re-opening 15-Year Bond) & 9.80% FGN JUL 2045 (Re-opening 25-Year Bond).

Successful bids for the 16.2884% FGN MAR 2027, 12.5000% FGN MAR 2035 & 9.8000% FGN JUL 2045 were allotted at the Marginal Rates of 7.9800%, 8.7400% and 8.9500%, respectively.

However, the original coupon rates of 16.2884% for the 16.2884% FGN MAR 2027, 12.5000% for the 12.5000% FGN MAR 2035 and 9.8000% for the 9.8000% FGN JUL 2045 will be maintained.

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