NIGERIAN EUROBONDS May 26, 2020: 6.75% $500M Jan 2021 – 100.322/6.231%, 5.625% $300M Jun 2022 – 98.246/6.537%, 6.375% $500M Jul 2023 – 98.277/6.995%, 7.625% $1.118BN Nov 2025 – 97.295/8.284%, 6.500% $1.50BN Nov 2027 – 90.363 /8.249%, 7.143% $1.25BN Nov 2030 – 89.970/8.688%, 8.747% $1.0BN Jan 2031 – 95.975/9.349%, 7.875% $1.50BN Feb 2032 – 91.315/9.092%, 7.696% $1.25BN Feb 2038 – 88.276/9.032%, 7.625% $1.50BN Nov 2047 – 86.319/8.973%, 9.248% $750M Jan 2049 – 95.519/9.712%.
Updates
- LIRS extends deadline for filling annual returns to June 30
- Buhari urged to move Lagos Dry Dock to Niger Delta
- Economy ends Q1 strong despite pandemic – expands by 1.87%
- COVID-19 economic stimulus: States to get $1.5bn from W’Bank
- LCCI inducts 75 firms as members
- Reps demand 40-year socioeconomic plan from FG
- CBN naira defence depletes foreign reserves by $3.17bn
- FG adjusts 2020 budget to N10.52tn, adopts $25 oil benchmark
- FEC approves N47.2bn to boost electricity supply
- CBN Commits N1.50 Trillion To Fighting COVID-19
Latest FGN Bonds Auction Results – 10 years tenor
- Updated: April 22, 2020
| Date of Auction | April 22, 2020 | April 22, 2020 | April 22, 2020 |
| Tenor Maturity Date | 5 year 4/ 27/ 2023 | 15 Year 3/27/ 2035 | 30 Year 3/27/2050 |
| Amount Offered (N mn) | 20 billion | 20 billion | 20 billion |
| Subscriptions (N bn) | 49.70 | 107.47 | 118.50 |
| Total Bids (N mn) | 50 | 65 | 85 |
| Range of Bid Rates |
7.0000% – 12.5000% |
11.4000% – 14.0000% |
12.2000% – 14.0000% |
| Successful Bid Rates | 26 | 29 | 32 |
| Marginal Rate |
9.0000% |
12.0000% |
12.5000% |