10.00 23-jul-2030

IssuerFederal Government of Nigeria (FGN)
CurrencyNigerian Naira
Face Value (₦)1,000.00
Issuer RatingFitch: B+

S & P: B
Day Count ConventionActual/Actual
Issue Amount (₦’bn)591.57
Tenor (Years)20
Issue DateJul. 23, 2010
Maturity DateJul. 23, 2030
Coupon (%)10.00
Yield at Issue (%)10.00
Issue Price (₦)At par
Coupon FrequencySemi-annual
Use of ProceedsTo finance the Federal Government of Nigeria capital expenditure programme
RedemptionPar at maturity
Issuer’s AgentDebt Management Office (DMO)
Tax ConsiderationExempted from Nigerian tax