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Summary of FGN Bond Auction Results for July 2017

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Thursday, July 13, 2017 10:08 AM / DMO

Auction Result for the 14.50% FGN JUL 2021 (Re-opening), 16.2884% FGN MAR 2027 (Re-opening 10- Year Bond) & 16.2499% FGN APR 2037 (Re-opening)



Source: DMO

Successful bids for the 14.50% FGN JUL 2021, 16.2884% FGN MAR 2027 and 16.2499% FGN APR 2037 were allotted at the Marginal Rates of 16.2400%, 16.2500%% and 16.2514%%, respectively.

However, the original coupon rates of 14.50% for the 14.50% FGN JUL 2021, 16.2884% for the 16.2884% FGN MAR 2027 and 16.2499% for the 16.2499% FGN APR 2037 will be maintained.


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