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$1.25bn FGN Eurobond listed on the Nigerian Exchange Limited

Friday, 8 July 2022, 12:02 am
in Markets, Rates & Bonds
0
DMO offers 16.3% rate FGN bond
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The Federal Government of Nigeria’s USD 1,250,000,000 Eurobond were on Thursday listed on the Nigerian Exchange Limited

This was disclosed by the Nigerian Exchange Regulation in a Market Bulletin  NGXREG/LRD/MB40/22/07/07.

Below are details of the Eurobond:

Issuer: Federal Government of Nigeria

Symbol Name: 8.375% FGN MAR 2029

Symbol Code: FGEUR2029S4 ISIN US65412JAU79

Amount Issued: (U.S. $) $1,250,000,000.00

Units: 1,250,000

Issue Price($): 100%

Interest: 8.375%

Tenor: 7 years

Issue Date: 24 March 2022

Maturity Date: 24 March 2029

Series No.: 12

Tranche No.: 1

Interest Payment Date: 24 March and 24 September in each year up to and including the Maturity.

Date Listing Date: 07 July 2022

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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