NIGERIAN EUROBONDS JANUARY 13 2021: 6.75% US$500M JAN 2021– 100.170/1.977%, 5.625% US$300M JUN 2022– 103.981/2.803%, 6.375% US$500M JUL 2023– 108.604/2.777%, 7.625% US$1.118BN NOV 2025– 115.316/4.108%, 6.500% US$1.5BN NOV 2027– 108.828/4.966, 7.143% US$1.25BN FEB 2030 – 108.401/ 5.934%, 8.747% US$1.0BN JAN 2031 – 117.338/6.378%, 7.875% $1.50BN Feb 2032 – 110.493/6.529%, 7.696% $1.25BN Feb 2038 – 106.603/7.026%, 7.625% $1.50BN Nov 2047 – 105.262/7.179%, 9.248% $750M Jan 2049 – 117.399/7.722%.
Updates
- No provision yet for COVID-19 vaccines in 2021 budget – Finance Minister
- Oil rises above $56 on tight supply expectations
- You can’t link SIM with BVN-generated NIN – NIMC
- FG spent N6.46tn on debt servicing, personnel in 2020 – Minister
- Naira slumps further, exchanges for 473/$
- Debt stock: We will borrow more – Amaechi
- Recession will be fleeting: FG
- Private sector warns of mass hunger, economic crisis over fresh lockdown
- Fintech firm launches online payment, e-Commerce platform
- Nigeria’s debt to China hits $3.121bn
Latest FGN Bonds Auction Results – 10 years tenor
- Updated: April 22, 2020
| Date of Auction | September 23, 2020 | September 23, 2020 | September 23, 2020 | September 23, 2020 |
| Tenor Maturity Date | 10 year 1/ 22, 2026 | 15 Year 3/27/ 2035 | 25 Year 7/24/ 2045 | 30 Year 3/27/2050 |
| Amount Offered (N mn) | 25.00 billion | 40 billion | 40 billion | 40 billion |
| Subscriptions (N bn) | 83.83 | 71.40 | 41.06 | 163.93 |
| Total Bids (N mn) | 78 | 71 | 57 | 104 |
| Range of Bid Rates | 4.6800% – 9.0000% | 7.3000% – 12.5000% | 8.0000% – 10.4500% | 8.3300% – 12.5000% |
| Successful Bid Rates | 50 | 13 | 7 | 6 |
| Marginal Rate | 6.0000% | 8.5200% | 8.9000% | 8.9400% |
Source: www.cbn.gov.ng