Bond Nigeria 13.53% ( NGFG152025S6 ) in NGN
| Issuer | Nigeria | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | Nigeria
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| ISIN code |
NGFG152025S6 ( in NGN )
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| Interest rate | 13.53% per year ( payment 1 time a year) | ||||||||
| Maturity | 23/03/2025 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 NGN | ||||||||
| Total amount | 406 671 000 000 NGN | ||||||||
| Detailed description |
Nigeria is a West African country with a diverse population, significant oil reserves, and a rapidly growing economy grappling with issues of political instability, corruption, and inequality. Nigeria issued a NGN 406,671,000,000 bond (ISIN: NGFG152025S6) maturing on March 23, 2025, with a 13.53% coupon rate, trading at 100% of par value, in minimum increments of 1000 NGN and paying interest annually. |
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