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Dec 14 (Lagos) - Below are the results of FGN BONDS PRIMARY AUCTION held yesterday the 13th of December 2017.
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14.50% FGN JUL 2021
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16.2884% FGN MAR
2027
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Auction Date:
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13-December-2017
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13-December-2017
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Settlement Date:
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15-December-2017
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15-December-2017
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Maturity Date:
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15-Jul-21
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17-Mar-27
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Tenors:
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5-Year
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10-Year
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Term-To-Maturity:
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3 Years, 7 Months
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9 Years, 3 Months
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Amount Offered:
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N 50.00 billion
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N 50.00 billion
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Total Bids:
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76
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147
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Subscription:
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N 89.950 billion
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N 190.144 billion
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Amount Allotted:
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N 24.770 billion
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N 52.815 billion
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Range of Bids:
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12.5000% - 14.2300%
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12.5000% - 14.5000%
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Marginal Rates:
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13.1900%
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13.2100%
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0.27 8.00% 0.68 7.94% 0.33 6.45% 0.36 5.88% 1.5 3.45%
50 -50.45% 0.27 -10.00% 24.3 -10.00% 16.7 -9.97% 15.4 -9.94%
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