Nigeria Business & Finance Updates

FGN Bonds Auction Results January 22, 2019

Date of Auction Jan 22, 2020 Jan 22, 2020 Jan 22, 2020
Tenor
Maturity Date
5 year
4/ 27/ 2023
10 Year
4/26/ 2029
30 Year
4/26/2049
Amount Offered (N mn)50,00050,00055,000
Subscriptions (N bn) 80.75 201.98 341.77
Tot. Successful (N mn)99141255
Range of Bid Rates 9.0000% – 12.7500% 10.5500% – 14.5500% 9.4000% – 13.5000%
Successful Bid Rates2643163
Marginal Rate 9.8500% 11.1250% 12.5600%

Source: www.cbn.gov.ng

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