NSE Lists 9.8% FGN July 2045 Bonds on Thursday

The Nigerian Stock Exchange on Thursday announced it has listed the July 2020 issue of the Federal Government of Nigeria’s (FGN) 9.80 percent July 2045 bonds.

In a statement published on the NSE website, the Exchange listed Federal Government of Nigeria’s N75,000,000,000 worth of bonds at a 9.80 percent coupon rate on Thursday August 27, 2020.

The bond was issued on July 24th, 2020 will mature on July 24, 2045. Representing a 25-years tenor.

The statement reads “Dealing Members are hereby notified that the July 2020 Issue of the Federal Government of Nigeria’s (FGN) 9.80% JUL 2045 Bonds were listed on The Nigerian Stock Exchange today, Thursday, 27 August 2020.”