Bond Nigerian Central Bank 0% ( NGT030905241 ) in NGN

Issuer Nigerian Central Bank
Market price 100 %  ▲ 
Country  Nigeria
ISIN code  NGT030905241 ( in NGN )
Interest rate 0%
Maturity 09/05/2024 - Bond has expired



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Minimal amount /
Total amount 134 019 981 000 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.

An NGN-denominated bond, identified by ISIN NGT030905241, issued by the Central Bank of Nigeria ? the primary monetary authority of Nigeria responsible for maintaining price stability, issuing currency, and managing the nation's foreign exchange reserves ? has concluded its lifecycle, having matured and been fully redeemed on May 9, 2024. This debt instrument, originated within Nigeria, carried a 0% interest rate, implying it was likely a zero-coupon bond or issued for specific liquidity management purposes, and had a total issuance size of NGN 134,019,981,000, reaching its maturity priced at 100% of its par value with its single principal payment occurring at the stated maturity date.