Nov 22 (Lagos) - These are the results from today's FGN BONDS PRIMARY MARKET AUCTION.
| 14.50% FGN JUL 2021 | 16.2884% FGN MAR 2027 |
Auction Date: | 22-November-2017 | 22-November-2017 |
Settlement Date: | 24-November-2017 | 24-November-2017 |
Maturity Date: | 15-Jul-21 | 17-Mar-27 |
Tenors: | 5-Year | 10-Year |
Term-To-Maturity: | 3 Years, 8 Months | 9 Years, 4 Months |
Amount Offered: | ? 50.00 billion | ? 50.00 billion |
Total Bids: | 37 | 115 |
Subscription: | ? 23.00 billion | ? 82.39 billion |
Amount Allotted: | ? 14.60 billion | ? 73.17 billion |
Range of Bids: | 14.0000% - 15.1400% | 14.0000% - 15.1010% |
Marginal Rates: | 14.7900% | 14.8000% |
reporting for easykobo.com on Wednesday, Nov 22 2017 from Lagos, Nigeria