MONTHLY FGN BOND AUCTION
Announcement of March 2017 FGN Bond Auction
Amount & Tenor
N45,000,000,000 – 14.50% FGN JUL 2021 (5-Year Re-opening)
N50,000,000,000 – FGN MAR 2027(New Issue)
N35,000,000,000 – 12.40% FGN MAR 2036 (20- Year Re-opening)
Auction Date: Wednesday, March 15, 2017
Settlement Date: Friday, March 17, 2017
Units of Sale: N1, 000 per unit subject to a maximum subscription of N50,001,000 and in multiples of N1, 000 thereafter.
Qualifying 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:
1) Guide their interested clients through completion of the forms and forward to PDMMs on behalf of them
2) Follow up with PDMMs to ensure auction winnings are lodged with CSCS
For enquiries relating to Retail Bonds and Trading on NSE, please email email@example.com