Sunday, January 21, 2018 7:52:07 PM- Nigerian Stock Exchange.



  Result of FGN BONDS PRIMARY MARKET AUCTION

      

Dec 14 (Lagos) - Below are the results of FGN BONDS PRIMARY AUCTION held yesterday the 13th of December 2017. 


 

 

14.50% FGN JUL 2021

16.2884% FGN MAR 2027

Auction Date:

13-December-2017

13-December-2017

 

Settlement Date:

15-December-2017

15-December-2017

 

Maturity Date:

15-Jul-21

17-Mar-27

Tenors:

5-Year

10-Year

Term-To-Maturity:

3 Years, 7 Months

9 Years, 3 Months

Amount Offered:

N 50.00 billion

N 50.00 billion

Total Bids:

76

147

Subscription:

N 89.950 billion

N 190.144 billion

Amount Allotted:

24.770 billion

N 52.815 billion

Range of Bids:

12.5000% - 14.2300%

12.5000% - 14.5000%

Marginal Rates:

13.1900%

13.2100%

 




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