February 3, 2016/NSE
Amount & Tenor
N40,000,000,000 – 15.54% FGN FEB 2020 (5-Year Re-opening)
N50,000,000,000 – 12.50%FGN JAN 2026 (10-Year Re-opening)
Auction Date: Wednesday, February 10, 2016
Settlement Date: Friday, February 12, 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.
Dealing firms should please:
- 1) Guide their clients through completion of the forms and forward to Primary Dealer Market Makers (PDMMs) on behalf of their interested clients
- 2) Follow up with PDMMs to ensure auction winnings are lodged with CSCS
For information on Retail Bonds Trading on NSE, please email productmanagement@nse.com.ng
February 2016 FGN Bond Offer Circular from DMO
