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Summary of FGN Bond Auction Results for November 2017

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Thursday, November 23, 2017 8:54AM/ DMO 


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

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Successful bids for the 14.50% FGN JUL 2021 and 16.2884% FGN MAR 2027 were allotted at the Marginal Rates of 14.7900% and 14.8000%, 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. 

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