Thursday, August 17, 2017 6:56:41 AM- Nigerian Stock Exchange.



  RESULT of the June 21 FGN Bonds Primary Auction

      

Following are the results of the Nigerian FGN Bonds Primary Auction held yesterday on June 21 2017. 


 

 

14.50% FGN JUL 2021

16.2884% FGN MAR 2027

16.2499% FGN APR 2037

Auction Date:

21-June-17

21-June-17

21-June-17

Settlement Date:

23-June-17

23-June-17

23-June-17

Maturity Date:

15-Jul-21

17-Mar-27

18-Apr-37

Tenors:

5-Year

10-Year

20-Year

Term-To-Maturity:

4 Years, 1 Months

9 Years, 9 Months

19 Years, 10 Months

Amount Offered:

N 40.00 billion

N 50.00 billion

N 50.00 billion

Total Bids:

16

74

92

Subscription:

N 12.52 billion

N 57.35 billion

N 88.24 billion

Amount Allotted:

N 4.22 billion

N 30.25 billion

N 64.79 billion

Range of Bids:

15.7800% - 18.9000%

15.2500% - 19.8000%

15.2500% - 20.5600%

Marginal Rates:

16.1900%

16.1900%

16.1965%





reporting for easykobo.com on Thursday, June 22 2017 from Lagos, Nigeria



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