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Market | Bonds & Fixed Income

Summary of FGN Bond Auction Results for March 2022

Mar 22, 2022   •   by Proshare Research   •   Source: Proshare   •   eye-icon 107 views

Tuesday, March 22, 2022 / 10:09 AM / by DMO / Header Image Credit: Getty

 

Auction Result for the 12.50% FGN JAN 2026 (Re-opening, 10-Year Bond) & 13.00% FGN JAN 2042 (Re-opening, 20-Year Bond). 

Proshare Nigeria Pvt. Ltd. 

Successful bids for the 12.50% FGN JAN 2026 & 13.00% FGN JAN 2042 were allotted at the Marginal Rates of 10.1500% and 12.7000%, respectively. 

However, the original coupon rates of 12.5000% for the 12.5000% FGN JAN 2026 and 13.0000% for the 13.0000% FGN JAN 2042 will be maintained.

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