Français
ItalianoBond Nigeriana 9.864% ( NGFGS2024993 ) in NGN
| Issuer | Nigeriana |
| Market price | 100 % ⇌ |
| Country |  Nigeria
|
| ISIN code |
 NGFGS2024993 ( in NGN )
|
| Interest rate | 9.864% per year ( payment 1 time a year) |
| Maturity | 11/08/2024 - 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 | 683 248 000 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, a prominent West African nation and a significant emerging market economy, successfully issued and subsequently redeemed the bond identified by ISIN NGFGS2024993, which was denominated in Nigerian Naira (NGN) and issued within Nigeria, carrying an annual interest rate of 9.864% on its total issue size of NGN 683,248,000, with a minimum purchase size of NGN 1,000; this debt instrument, which had a payment frequency of one, matured on August 11, 2024, and was fully repaid at 100% of its market price, confirming its complete redemption. |