Tuesday, April 26, 2022 / 09:34 AM / by DMO / Header Image Credit: Ecographics

Auction Result for the 13.53% FGN MAR 2025 (Re-opening, 10-Year Bond); 12.50% FGN APR 2032 (New Issue, 10-Year Bond) & 13.00% FGN JAN 2042 (Re-opening, 20-Year Bond).

Successful bids for the 13.53% FGN MAR 2025 (Re-opening, 10-Year Bond) & 13.00% FGN JAN 2042 (Re-opening, 20-Year Bond) were allotted at the Marginal Rates of 10.0000% and 12.9000%, respectively. 

However, the original coupon rates of 13.5300% for the 13.5300% FGN MAR 2025 and 13.0000% for the 13.0000% FGN JAN 2042 will be maintained, while the coupon rate for the 12.50% FGN MAR 2032 (New Issue) is set at 12.5000%.