​​​MONTHLY FGN BOND AUCTIONasemonweb2.png

Announcement of November 2016 FGN Bond Auction 
 
Amount & Tenor
                               
N35,000,000,000 – 14.50% FGN JUL 2021 (5-Year Re-opening)
N25,000,000,000 – 12.50% FGN JAN 2026 (10-Year Re-opening)
N35,000,000,000 – 12.40% FGN MAR 2036 (20- Year Re-opening)​

Auction Date: Wednesday, November 16, 2016
Settlement Date: Friday, November 18, 2016​
 
Units of Sale: N1, 000 per unit subject to a minimum subscription of N10, 000 and in multiples of N1, 000 thereafter.
 
Retail Investors are encouraged to participate and can state their CSCS account numbers on their tender form for settlement into their respective CSCS accounts. Tender forms can be downloaded from http://www.dmo.gov.ng/documents/NewFGNBondTenderForm-2.pdf
 
Dealing firms should please: ​
Guide their interested clients through completion of the forms and forward to PDMMs on behalf of them
Follow up with PDMMs to ensure auction winnings are lodged with CSCS

For enquiries relating to Retail Bonds and Trading on NSE, please email productmanagement@nse.com.ng    ​