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ItalianoBond Nigeria 4.501% ( NGFGS2023771 ) in NGN
| Issuer | Nigeria | ||||||||||||||||
| Market price | 100.00 % ⇌ | ||||||||||||||||
| Country |  Nigeria
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| ISIN code |
 NGFGS2023771 ( in NGN )
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| Interest rate | 4.501% per year ( payment 1 time a year) | ||||||||||||||||
| Maturity | 16/09/2023 - Bond has expired | ||||||||||||||||
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Prospectus brochure in PDF format |
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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%. |
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