April 25 (Lagos) - Below are the results from today's FGN BONDS PRIMARY AUCTION (April 25 2018).
| 12.75% FGN APR 2023 | 13.53% FGN MAR 2025 | 13.98% FGN FEB 2028 |
Auction Date: | 25-April-2018 | 25-April-2018 | 25-April-2018 |
Settlement Date: | 27-April-2018 | 27-April-2018 | 27-April-2018 |
Maturity Date: | 27-Apr-23 | 23-Mar-25 | 23-Feb-28 |
Tenors: | 5-Year | 7-Year | 10-Year |
Term-To-Maturity: | 5 Years | 6 Years, 11 Months | 9 Years, 10 Months |
Amount Offered: | N 30.00 billion | N 30.00 billion | N 30.00 billion |
Total Bids: | 38 | 43 | 108 |
Subscription: | N 52.89 billion | N 49.40 billion | N 160.19 billion |
Amount Allotted: | N 38.29 billion | N 12.75 billion | N 38.96 billion |
Range of Bids: | 11.5000% - 13.4997% | 11.5000% - 13.8947% | 11.5000% - 13.9800% |
Marginal Rates: | 12.7500% | 12.8500% | 12.8900%
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reporting for easykobo.com on Wednesday, April 25 2018 from Lagos, Nigeria
Source - analysts at
AIICO Capital Ltd in Victoria Island