Nigeria Business & Finance Updates

FGN Bonds Auction Results December 18, 2019

Date of Auction Dec 18, 2019 Dec 18, 2019 Dec 18, 2019
Tenor
Maturity Date
5 year
4/27/2023
10 Year
4/26/2029
30 Year
4/26/2049
Amount Offered (N mn)50,00050.00050,000
Subscriptions (N mn)70.7091.91125.82
Tot. Successful (N mn)5982145
Range of Bid Rates 9.000 – 12.7500 10.5000- 13.2500 9.4000 – 14.0000
Successful Bid Rates5072138
Marginal Rate11.0012.0013.00

Source: www.cbn.gov.ng

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