Summary of FGN Bond Auction Results for January 2018

Proshare

Thursday, January 25, 2018 /09:49AM /DMO 

Auction Result for the 14.50% FGN JUL 2021 (Re-opening 5-year Bond) & 16.2884% FGN MAR 2027 (Reopening 10-Year Bond).
  

Proshare Nigeria Pvt. Ltd.

Successful bids for the 14.50% FGN JUL 2021 and 16.2884% FGN MAR 2027 were allotted at the Marginal Rates of 13.3800% and 13.4910%, respectively.
 

However, the original coupon rates of 14.50% for the 14.50% FGN JUL 2021 and 16.2884% for the 16.2884% FGN MAR 2027 will be maintained.

 Proshare Nigeria Pvt. Ltd.

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