• 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

Access Bank lists N30 billion bonds on NSE 

Damilare Famuyiwa by Damilare Famuyiwa
September 20, 2019
in Business News, Company News, Company Results
Access Bank, Scam Alert: Access Bank issues warning to customers over fraudulent acts , Director, West Africa region, IE, Onyekachi Eke, Access Bank lists N30 billion bonds on NSE , Access Bank, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, A new BVN guideline to curb e-fraud is coming soon - CBN announces , Access Bank donates 66 laptops to children in underserved communities, Access Bank postpones closed period for 2019 Year-End financial statement, Access Bank dispels rumour about its CEO being arrested, Access Bank set to establish subsidiary in Cameroon after acquiring Kenyan bank, Access Bank finally acquires Kenyan bank, Transnational Bank Plc, Herbert Wigwe: We are clamping down on malaria with the Malaria-To-Zero Initiative, Access Bank to list N15 billion green bond on Luxembourg Stock Exchange 

CEO/Group Managing Director, Access Bank Plc, Herbert Wigwe

Share on FacebookShare on TwitterShare on Linkedin

Access Bank Plc has notified dealing members of the Nigerian capital market, of the listing of its N30 billion, 7-Year 15.5% Fixed Rate Subordinated Unsecured Bonds on the Nigerian Stock Exchange (NSE). The bonds, which were on Tuesday, September 17, 2019, listed on the Daily Official List of the nation’s bourse would be due by 2026. 

In view of the listing of the bonds, holders of the bonds can exit if they wish to do so before maturity.  

Prior to this development, the lender had secured a ‘no objection’ from the Central Bank of Nigeria (CBN) and the Nigerian Stock Exchange (NSE) to the N30 billion tier-II bond issuance it concluded recently. This was disclosed in a statement issued by the bank’s Secretary, Sunday Ekwochi. 

RelatedStories

10 African Central Banks exploring digital currencies in 2025 

10 African Central Banks exploring digital currencies in 2025 

July 4, 2025

IMF commendation sparks strong gains for Naira across parallel, official markets 

July 3, 2025

[READ MORE: Access Bank, Union Bank leverage low yield bond rates]

Access Bank had finalised the process for the issuance of the bond that would be due in 7 years’ time. 

What you should know: The bond will mature in seven years and is callable after five years. The issuing houses are Chapel Hill Denham Advisory Limited, Lead Issuing House, Coronation Merchant Bank Limited and First-Ally Capital Limited. 

Access Bank’s Group Managing Director, Herbert Wigwe, was quoted to have said the Tier II N30 billion subordinated unsecured bond issued by the bank to strengthen its funding base was oversubscribed. 

Understanding Bonds: A bond is a fixed income instrument representing a loan made by an investor to a borrower (typically corporate or governmental). 

Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debtholders or creditors of the issuer. 

[READ ALSO: Access Bank’s N30bn Tier II Bond oversubscribed – Wigwe]

Access Bank’s financial results: The lender had earlier released its half-year financial results for the period ended Sunday, June 30, 2019. In its H1 2019 financial statements published earlier on the Nigerian Stock Exchange (NSE) website, the lender disclosed that it experienced a 59% increase in its profit after tax. 

Access Bank, however, traded N7.35 in its last trading session on the NSE. 

 


Follow us for Breaking News and Market Intelligence.
Tags: Access Bank Plc NewsCentral Bank of NigeriaChapel Hill Denham Advisory LimitedCoronation Merchant Bank LimitedFirst-Ally Capital LimitedHerbert WigweLead Issuing HouseNigerian Stock Exchange
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

Related Posts

10 African Central Banks exploring digital currencies in 2025 
Economy

10 African Central Banks exploring digital currencies in 2025 

July 4, 2025
Currencies

IMF commendation sparks strong gains for Naira across parallel, official markets 

July 3, 2025
IMF, Import restrictions
Economy

IMF backs CBN’s tight monetary policy to curb inflation

July 2, 2025
Stock market kicks off September in the red: ASI slips 0.15% amid declining trading volume 
Equities

Nigerian Stocks start July in red as All-Share Index slips 0.2%; Ellah Lakes leads daily volume 

July 2, 2025
Naira scarcity: Ekiti stateto arrest traders who reject old N1000 notes
Economy

Nigeria’s money supply records second drop in 2025, falls to N119 trillion 

June 30, 2025
CBN, forex
Opinions

CBN’s prudential measures signal strong banking sector leadership

June 28, 2025
Next Post
MPC meeting 

Late budget cycles, food price hike fuel MPR retention - Experts 

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • Breaking: NDPC fines Multichoice Nigeria N766.2 million for violating NDP Act
  • Ex-world’s richest woman Francoise Bettencourt Meyers is $18 billion richer in 2025
  • NDLEA intercepts $17.7 million in counterfeit travelers’ cheques, arrests suspects 

Follow us on social media:

Recent News

Breaking news

Breaking: NDPC fines Multichoice Nigeria N766.2 million for violating NDP Act

July 6, 2025
Francoise Bettencourt Meyers

Ex-world’s richest woman Francoise Bettencourt Meyers is $18 billion richer in 2025

July 6, 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