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Market | Bonds & Fixed Income

Summary of FGN Bonds Auction Results for June 2022

Jun 21, 2022   •   by   •   Source: DMO   •   eye-icon 734 views

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) 

 

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 (Reopening, 20-Year Bond) were allotted at the Marginal Rates of 10.1000%, 12.5000% and 13.1500%, 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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