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Market | Bonds & Fixed Income

Summary of FGN Bond Auction Results for May 2022

May 17, 2022   •   by Others   •   Source: Others   •   eye-icon 365 views

Tuesday, May 17, 2022 / 09:40 AM / by DMO / Header Image Credit: Money Control

 

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

 

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Successful bids for the 13.53% FGN MAR 2025 (Re-opening, 10-Year Bond), 12.50% FGN APR 2032 (Re-opening, 10-Year Bond) & 13.00% FGN JAN 2042 (Re-opening, 20-Year Bond) were allotted at the Marginal Rates of 10.0000%, 12.4500% and 13.0000%, respectively. 

 

However, the original coupon rates of 13.5300% for the 13.5300% FGN MAR 2025, 12.5000% for the 12.5000% FGN APR 2032 and 13.0000% for the 13.0000% FGN JAN 2042 will be maintained.

 

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