NIGERIAN EUROBONDS OCTOBER 21, 2020: 6.75% $500M Jan 2021 – 100.858/ 3.415%, 5.625% $300M Jun 2022 – 101.712/4.549%, 6.375% $500M Jul 2023 – 103.748/4.883%, 7.625% $1.118BN Nov 2025 – 105.257/6.394%, 6.500% $1.50BN Nov 2027 – 97.019/7.039%, 7.143% $1.25BN FEB 2030 – 97.125/ 7.576%, 8.747% $1.0BN Jan 2031 – 104.257/8.124%, 7.875% $1.50BN Feb 2032 – 97.369/8.234%, 7.696% $1.25BN Feb 2038 – 92.089/8.579%, 7.625% $1.50BN Nov 2047 – 91.393/8.457%, 9.248% $750M Jan 2049 – 102.148/9.034%.
Updates
- External reserves drop to $35.67bn
- Reps pass 2021 appropriation bill for second reading
- Stockbrokers to set blueprint for economic revival
- Cheque books to get new digit, expiry dates
- Finance minister, others shun budget performance sitting, panel kicks
- CBN prepares for recession, reduces benchmark lending rate to 11.5%
- National Assembly pledges allocation to youth development: Budget
- President Buhari issues new order to CBN: COVID-19
- IMF, World Bank conditions behind subsidy withdrawal, electricity tariff hike: Budget support
- It’s regrettable, no going back on fuel, electricity tariff hike – Buhari
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