Bond Nigeriana 3.19% ( NGFGS2024852 ) in NGN
| Issuer | Nigeriana |
| Market price | 100 % ⇌ |
| Country | Nigeria
|
| ISIN code |
NGFGS2024852 ( in NGN )
|
| Interest rate | 3.19% per year ( payment 1 time a year) |
| Maturity | 13/01/2024 - 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 | 78 052 000 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 bearing ISIN NGFGS2024852, issued by Nigeria ? a significant African economy and an active sovereign borrower in both global and local debt markets ? reached its scheduled maturity on January 13, 2024, and has been successfully redeemed at its par value of 100%. This Naira-denominated instrument carried an annual coupon rate of 3.19% and represented a total issuance size of NGN 78,052,000, with a minimum purchase lot of NGN 1,000. |
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