12.059 FGNSB 18-OCT-2019

12.059 FGNSB 18-OCT-2019

IssuerFederal Government of Nigeria (FGN)
CurrencyNigerian Naira
Face Value (₦)1,000.00
Issuer RatingN/A
ISINNGFGS2019142
Day Count ConventionActual/Actual
Issue Amount (₦’bn)0.115
Tenor (Years)2
Issue DateOct. 18, 2017
Maturity DateOct. 18, 2019
Coupon (%)12.059
Yield at Issue (%)12.059
Issue Price (₦)At par
Coupon FrequencyQuarterly
Use of ProceedsN/A
RedemptionBullet Payment at Maturity
Issuer’s AgentDebt Management Office (DMO)
Tax ConsiderationExempted from Nigerian tax