Summary of FGN Bond Auction Results for October 2020


Friday, October 23, 2020   / 8:32 AM  / By DMO / Header Image Credit: Financial Tribune


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


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Successful bids for the 12.5000% FGN MAR 2035 & 9.8000% FGN JUL 2045 were allotted at the Marginal Rates of 4.9700% and 6.0000%, respectively.


However, the original coupon rates of 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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