Bond Nigerian Central Bank 0% ( NGT030905241 ) in NGN
Issuer | Nigerian Central Bank |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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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. |