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Market | Bonds & Fixed Income

Summary of FGN Bond Auction Results for January 2023

Feb 01, 2023   •   by   •   Source: DMO   •   eye-icon 223 views

Auction Result for the 13.98% FGN FEB 2028 (Re-opening, 10-Year Bond); 12.50% FGN APR 2032 (Re-opening, 10-Year Bond), 16.2499% FGN APR 2037 (Re-opening, 20-Year Bond) & 14.80% FGN APR 2049 (Re-opening, 30-Year Bond)

 

 

Successful bids for the 13.98% FGN FEB 2028 (Re-opening, 10-Year Bond); 12.50% FGN APR 2032 (Re-opening, 10-Year Bond), 16.2499% FGN APR 2037 (Reopening, 20-Year Bond) & 14.80% FGN APR 2049 (Re-opening, 30-Year Bond) were allotted at the Marginal Rates of 14.0000%, 14.9000%, 15.8000% and 15.9000%, respectively. 

 

However, the original coupon rates of 13.98% for the 13.98% FGN FEB 2028, 12.5000% for the 12.5000% FGN APR 2032, 16.2499% for the 16.2499% FGN APR 2037 and 14.80 for the 14.80% FGN APR 2049 will be maintained.

 

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