Saturday, December 16, 2017 6:27:22 AM- Nigerian Stock Exchange.



  FGN BONDS - Expectations of tomorrow's Primary Market Auction

      

Nov 21 (Lagos) - The Nigerian Debt Management Office Primary Auction of the Federal Government of Nigeria Bonds on Wednesday 22 November 2017. 


Total Volume on offer is 100 billion broken down into 


50 billion for 5 Year tenor, and


50 billion for 10 Year tenor. 



This will be issued at a minimum subscription of N 50,001,000.00 to the investing public.

S/N

AUCTION DATE

MATURITY

OFFER  AMOUNT (NGN)

LAST STOP RATE

EXPECTED STOP RATE RANGE

1

22-November-2017

July 2021

50,000,000,000

15.0000%

14.55% - 14.80%

2

22-November-2017

March 2027

50,000,000,000

15.0000%

14.55% - 14.80%




reporting for easykobo.com on Tuesday, Nov 21 2017 from Lagos, Nigeria




Source - analysts at AIICO Capital Ltd. All expectations, forecast, target and views expressed in this article are those of analysts at AIICO Capital Ltd. 



Readers's Opinion(0)
 

If you would like to post comments! Please log in.

Advertisement

TOp 5 Gainers

240
4.35%
1.45
4.32%
0.6
3.45%
25.7
2.84%
142.5
2.52%

TOp 5 Losers

86.0032
-11.24%
71.25
-5.00%
14.77
-4.95%
2.38
-4.80%
2.24
-4.68%
Related Articles