• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Stanbic IBTC targets $150 million from CP issues

Onome Ohwovoriole by Onome Ohwovoriole
August 2, 2018
in Business News
Stanbic IBTC
Share on FacebookShare on TwitterShare on Linkedin

Stanbic IBTC is targeting the sum of $150 million as proceeds from three commercial paper issues. The fund raise is part of the bank’s N100 billion multi currency shelf programme. Sterling Bank, another tier two lender has also issued two commercial papers.

Details of the issue.

  • Series 43, has a tenor of 90 days and will be issued at a discount rate of 4%.
  • Series 44 has a tenure of 180 days and will be issued at a discount rate of 4.5%.
  • Series 45 has a tenor of 270 days and will be issued at a discount rate of 5%.
  • Each series is sized at $50 million.
  • The three issues opened on Tuesday 31st of July 2018 and will be closing today Thursday August 2 2018
  • All orders are for a minimum of $100,000 and multiples of $10,000 thereafter.

Stanbic IBTC is currently trading at N49.75 in today’s trading session on the Nigerian Stock Exchange (NSE).

RelatedStories

Stanbic IBTC renames fintech subsidiary to ZEST Payment Limited

Stanbic IBTC reports pre-tax profit of N116.4 billion in Q1 2025 as interest income soars 

April 25, 2025

Nigerian banks spent N518.5 billion on IT in 2024 as digital banking, cybersecurity drive boom

April 25, 2025

Follow us for Breaking News and Market Intelligence.
Tags: Stanbic IBTC
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

Stanbic IBTC renames fintech subsidiary to ZEST Payment Limited
Company Results

Stanbic IBTC reports pre-tax profit of N116.4 billion in Q1 2025 as interest income soars 

April 25, 2025
Exclusives

Nigerian banks spent N518.5 billion on IT in 2024 as digital banking, cybersecurity drive boom

April 25, 2025
Ranking Nigerian Banks that have declared the most dividend in 5 years
Financial Analysis

Government earned N1.2 trillion from Nigerian banks in 2024, more than shareholders 

April 23, 2025
Nigerian Banks
Exclusives

Which Nigerian banks pay their staff the most and the least in 2024 

April 22, 2025
Stanbic IBTC: Buy, sell or hold 
Company Results

Stanbic IBTC reports N303.796 billion pre-tax profit in 2024

March 29, 2025
Stanbic IBTC Infrastructure Fund backs SIFAX Group’s development of the Ijora Terminal
Companies

Stanbic IBTC Infrastructure Fund backs SIFAX Group’s development of the Ijora Terminal

March 18, 2025
Next Post
CBN's Standing Deposit Facility, Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion , CBN confirms N500 and N1000 as two most counterfeited banknotes in Nigeria  

CBN issues new guidelines on clearing system for banks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • CBN clarifies NRBVN charges, says BVN enrolment remains free for Nigerians in Nigeria 
  • Fashion billionaires, Arnault and Amancio record $4.5 billion loss in 1 day  
  • Nigeria to face additional 10% tariff for aligning with BRICS – Trump

Follow us on social media:

Recent News

CBN, forex

CBN clarifies NRBVN charges, says BVN enrolment remains free for Nigerians in Nigeria 

July 7, 2025
The Luxury King : Here Is A List Of All The Brands Owned By Bernard Arnault Under LVMH.

Fashion billionaires, Arnault and Amancio record $4.5 billion loss in 1 day  

July 7, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics