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Summary of FGN Bond Auction Results for June 2017

Proshare

Thursday, June 22, 2017 11:28 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 16.1900 %, 16.1900% and 16.1965%, 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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