Nigeria Business & Finance Updates

FGN Bonds Auction Results November 20, 2019

Date of Auction Nov 20, 2019
Tenor
Maturity Date
5 year
4/27/2023
10 Year
4/26/2029
30 Year
4/26/2049
Amount Offered (N mn) 50,000 50.000 50,000
Subscriptions (N mn) 43.05 94.21 115.09
Tot. Successful (N mn) 61 99 169
Range of Bid Rates 11.4890-14.0000 12.0000-14.5500 12.8000-14.8000
Successful Bid Rates 27 54 96
Marginal Rate 12.00 12.93 13.39

Source: www.cbn.gov.ng

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