Bond Nigeriana 9.47% ( NGFGS2024134 ) in NGN
| Issuer | Nigeriana |
| Market price | 100 % ⇌ |
| Country | Nigeria
|
| ISIN code |
NGFGS2024134 ( in NGN )
|
| Interest rate | 9.47% per year ( payment 1 time a year) |
| Maturity | 16/03/2024 - 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 | 626 544 000 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 Federal Republic of Nigeria, an emerging market sovereign, successfully concluded its domestic debt obligation identified by ISIN NGFGS2024134, a bond issued in Nigerian Naira (NGN) with a total size of NGN 626,544,000, which carried an annual interest rate of 9.47% and was initially accessible to investors with a minimum purchase of NGN 1,000, as this instrument reached its maturity on March 16, 2024, and has since been fully repaid, reflecting a 100% redemption price on the market. |
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