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Home Markets Fixed Income Securities

Announcement: FGN Bonds Auction For September 11, 2013

Nairametrics by Nairametrics
September 10, 2013
in Securities, Spotlight
Announcement: FGN Bonds Auction For September 11, 2013
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FGN Bonds Auction Sep 11 2013

The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria will be conducting a bond auction on the 11th of September, 2013 at the primary bond market. The FGN 3 year and 20 year bonds will be auctioned as scheduled below with a total amount of NGN70bn all in re-issued instruments. The FGN 3 year and 20 year bonds will be auctioned as scheduled below with a total amount of NGN70bn all in re-issued instruments.

  • 13.05% FGN AUG 2016 (3-Yr Re-opening)    NGN35, 000,000,000
  • 10.00% FGN JUL 2030 (20-Yr Re-opening)   NGN35, 000,000,000

How to buy FGN Bonds

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