Summary of FGN Bond Auction Results for October 2020

Auction Result for the 12.50 percent  FGN MAR 2035 (Re-opening 15-Year Bond) & 9.80 percent FGN JUL 2045 (Reopening 25-Year Bond).

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Successful bids for the 12.5000 percent FGN MAR 2035 & 9.8000 percent FGN JUL 2045 were allotted at the Marginal Rates of 4.9700 percent and 6.0000 percent, respectively.

However, the original coupon rates of 12.5000 percent for the 12.5000 percent FGN MAR 2035 and 9.8000 percent for the 9.8000 percent FGN JUL 2045 will be maintained.

 

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