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FCMB Suspends Issuance of Commercial Papers

Dec 15, 2020   •   by   •   Source: Proshare   •   eye-icon 385 views

Tuesday, December 15, 2020 / 12:08 PM / NSE / Header Image Credit: FCMB


FCMB Group Plc ("FCMB") hereby notifies itsesteemed shareholders that the proposed Commercial Paper Issuance ("CP") by oneof its subsidiaries, First City Monument Bank Limited (the "Bank") has beensuspended.


This is as a result of the Nigerian Treasury Billsauction of Wednesday, 9 December 2020, which distorted price discovery.


Visit FCMBGroup Plc IR Page in Proshare MARKETS

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