Bond Nigeriana 4.501% ( NGFGS2023771 ) in NGN

Issuer	Nigeriana
Market price	100 % ⇌
Country	Nigeria
ISIN code	NGFGS2023771 ( in NGN )
Interest rate	4.501% per year ( payment 1 time a year)
Maturity	16/09/2023 - Bond has expired
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Minimal amount	1 000 NGN
Total amount	202 665 000 000 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 sovereign bond, identified by ISIN NGFGS2023771, issued by Nigeria, a major African economy and significant emerging market, was denominated in Nigerian Naira (NGN) and had a total issuance size of NGN 202,665,000,000, offering an interest rate of 4.501% with a minimum subscription amount of NGN 1,000, and having matured on September 16, 2023, it has since been fully redeemed at its par value of 100%.