Bond Nigeria 0% ( NGT030805250 ) in NGN
| Issuer | Nigeria | ||||
| Market price | 100.00 % ▲ | ||||
| Country | Nigeria
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| ISIN code |
NGT030805250 ( in NGN )
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| Interest rate | 0% | ||||
| Maturity | 07/05/2025 - Bond has expired | ||||
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Prospectus brochure in PDF format |
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| Minimal amount | / | ||||
| Total amount | 252 637 409 000 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 NGT030805250 bond, an obligation issued by the Federal Republic of Nigeria, a major oil-producing nation and Africa's largest economy, which had a total issue size of 252,637,409,000 NGN and a 0% interest rate, was fully redeemed at its maturity on May 7, 2025, at a market price of 100%, having been structured with a payment frequency of one. |
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