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ItalianoBond Nigeria 0% ( NGT031403246 ) in NGN
| Issuer | Nigeria | ||||
| Market price | 100.00 % ▲ | ||||
| Country |  Nigeria
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| ISIN code |
 NGT031403246 ( in NGN )
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| Interest rate | 0% | ||||
| Maturity | 13/03/2024 - Bond has expired | ||||
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Prospectus brochure in PDF format |
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| Minimal amount | / | ||||
| Total amount | 159 845 791 000 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, West Africa's largest economy and a significant player in global energy markets, successfully fulfilled its debt obligations by fully redeeming its NGT031403246 zero-coupon bond, an instrument issued domestically in Nigerian Naira (NGN) with a total value of NGN 159,845,791,000, which matured on March 13, 2024, and was repaid at its 100% market price to investors, reflecting a timely settlement of this debt. |
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