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ItalianoBond Nigeria 10.483% ( NGFGS2020322 ) in NGN
| Issuer | Nigeria | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Nigeria
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| ISIN code |
 NGFGS2020322 ( in NGN )
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| Interest rate | 10.483% per year ( payment 1 time a year) | ||||||||
| Maturity | 11/07/2020 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 NGN | ||||||||
| Total amount | 79 985 000 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. The Nigerian government, a significant sovereign issuer within the African continent, successfully repaid its NGN 79,985,000 bond (ISIN: NGFGS2020322) upon its maturity on July 11, 2020, having been issued in Nigeria and denominated in Nigerian Naira with an annual interest rate of 10.483%, a minimum purchase size of NGN 1,000, and fully redeemed at its 100% market price. |
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