Bond Nigeriana 1.759% ( NGFGS2022807 ) in NGN

Issuer Nigeriana
Market price 100 %  ⇌ 
Country  Nigeria
ISIN code  NGFGS2022807 ( in NGN )
Interest rate 1.759% per year ( payment 1 time a year)
Maturity 11/11/2022 - 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 27 920 000 000 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.

The Nigerian government, a key player in African sovereign debt markets, recently saw the maturity and full repayment of its NGN-denominated bond, ISIN NGFGS2022807, on November 11, 2022. This specific fixed-income instrument, which carried an interest rate of 1.759% and was issued in Nigeria, reached its scheduled maturity at a market price of 100%, signaling its complete reimbursement. The bond had a total issuance size of 27,920,000,000 Nigerian Naira, with a minimum investment threshold of 1,000 NGN, thereby confirming the timely fulfillment of the issuer's financial obligations.