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ItalianoBond Nigeriana 11.34% ( NGFGS2021312 ) in NGN
| Issuer | Nigeriana |
| Market price | 100 % ⇌ |
| Country |  Nigeria
|
| ISIN code |
 NGFGS2021312 ( in NGN )
|
| Interest rate | 11.34% per year ( payment 1 time a year) |
| Maturity | 13/06/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 NGN |
| Total amount | 317 533 000 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, acting as a prominent sovereign issuer within emerging African markets, successfully fulfilled its obligations on the bond identified by ISIN NGFGS2021312, a NGN-denominated instrument with an original issue size of 317,533,000 that carried an annual interest rate of 11.34% and reached its scheduled maturity on June 13, 2021, at which point it was fully redeemed at 100% of its face value. |