Bond Nigerian Central Bank 0% ( NGT020709231 ) in NGN

Issuer	Nigerian Central Bank
Market price	100 % ▲
Country	Nigeria
ISIN code	NGT020709231 ( in NGN )
Interest rate	0%
Maturity	07/09/2023 - Bond has expired
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Minimal amount	/
Total amount	10 554 288 000 NGN
Detailed description	The Central Bank of Nigeria (CBN) is Nigeria's central bank, responsible for issuing currency, managing monetary policy, and regulating the financial system. The Central Bank of Nigeria, serving as the principal monetary authority of Nigeria and the key institution responsible for maintaining financial stability, managing currency, and overseeing monetary policy, has successfully concluded the lifecycle of its NGT020709231 bond. This specific debt instrument, categorized as an obligation and originating from Nigeria, officially reached its maturity date on September 7, 2023, and has since been fully repaid. Denominated in Nigerian Naira (NGN), this bond carried a stated interest rate of 0%, characteristic of a zero-coupon instrument where the return to investors is typically derived from a discount at issuance rather than periodic coupon payments. With a total issue size amounting to NGN 10,554,288,000, the bond was reported at a market price of 100% at the time of its repayment, confirming the full principal reimbursement to its holders, thereby underscoring the Central Bank's adherence to its financial commitments and the orderly management of sovereign debt.