Nov 21 (Lagos) - T
he Nigerian Debt Management Office Primary Auction of the Federal Government of Nigeria Bonds on Wednesday 22 November 2017.
Total Volume on offer is N 100 billion broken down into
N 50 billion for 5 Year tenor, and
N 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.