NIGERIAN EUROBONDS May 21, 2020: 6.75% $500M Jan 2021 – 100.190/6.438%, 5.625% $300M Jun 2022 – 98.012/6.658%, 6.375% $500M Jul 2023 – 97.978/7.103%, 7.625% $1.118BN Nov 2025 – 96.760/8.373%, 6.500% $1.50BN Nov 2027 – 89.967/8.324%, 7.143% $1.25BN Nov 2030 – 89.960/8.689%, 8.747% $1.0BN Jan 2031 – 95.675/9.395%, 7.875% $1.50BN Feb 2032 – 91.217/9.106%, 7.696% $1.25BN Feb 2038 – 87.833/9.087%, 7.625% $1.50BN Nov 2047 – 86.758/8.924%, 9.248% $750M Jan 2049 – 95.917/9.669%.
Updates
- 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
- FG, States, LGAs share N1.95trn FAAC allocation
Latest FGN Bonds Auction Results – 30 years tenor
- Updated: April 22, 2020
| Date of Auction | May 20, 2020 | May 20, 2020 | May 20, 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) |
81.89
|
154.10 | 189.19 |
| Total Bids (N mn) | 98 | 107 | 136 |
| Range of Bid Rates |
7.000% – 12.7500%
|
9.4000% – 14.0000%
|
11.0500% – 13.7443%
|
| Successful Bid Rates | 76 | 61 | 87 |
| Marginal Rate |
9.2000%
|
11.7000%
|
12.6000%
|
Source: www.cbn.gov.ng