Wednesday, October 17, 2018 4:30:47 AM- Nigerian Stock Exchange.



  RESULT from todays FGN BONDS PRIMARY AUCTION

      January 24 2018

Jan 24 (Lagos) - Below are the results of today's (January 28 2018) Nigerian FGN Bonds Primary Auction. 



Both offers were heavily oversubscribed. 



This is where the funds went today as it left the stock market among other places. 

 

 

 

14.50% FGN JUL 2021

16.2884% FGN MAR 2027

Auction Date:

24-January-2018

24-January-2018

Settlement Date:

26-January-2018

26-January-2018

Maturity Date:

15-Jul-21

17-Mar-27

Tenors:

5-Year

10-Year

Term-To-Maturity:

3 Years, 6 Months

9 Years, 2 Months

Amount Offered:

N 50.00 billion

N 60.00 billion

Total Bids:

41

114

Subscription:

N 55.750 billion

N 94.260 billion

Amount Allotted:

N 45.120 billion

N 64.880 billion

Range of Bids:

12.5000% - 14.2000%

12.5000% - 14.5000%

Marginal Rates:

13.3800%

13.4910%

reporting for easykobo.com on Wednesday, Jan 24 2018 from Lagos, Nigeria




Source - analysts at AIICO Capital Ltd in Victoria Island



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