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Market | Bonds & Fixed Income

Summary of FGN Bond Auction Results for November 2022

Nov 16, 2022   •   by   •   Source: DMO   •   eye-icon 232 views

Auction Result for the 14.55% FGN APR 2029 (Re-opening, 10-Year Bond); 12.50% FGN APR 2032 (Re-opening, 10-Year Bond) & 16.2499% FGN APR 2037 (Re-opening, 20-Year Bond)

 

Successful bids for the 14.55% FGN APR 2029 (Re-opening, 10-Year Bond), 12.50% FGN APR 2032 (Re-opening, 10-Year Bond) & 16.2499% FGN APR 2037 (Re-opening, 20-Year Bond) were allotted at the Marginal Rates of 14.7500%, 15.2000% and 16.2000%, respectively. 

 

 

However, the original coupon rates of 14.55% for the 14.55% FGN APR 2029, 12.5000% for the 12.5000% FGN APR 2032 and 16.2499% for the 16.2499% FGN APR 2037 will be maintained.

 

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