13.794 FGNSB 12-APR-2020

13.794 FGNSB 12-APR-2020

IssuerFederal Government of Nigeria (FGN)
CurrencyNigerian Naira
Face Value (₦)1,000.00
Issuer RatingN/A
ISINNGFGS2020S32
Day Count ConventionActual/Actual
Issue Amount (₦’bn)0.869
Tenor (Years)3
Issue DateApr. 12, 2017
Maturity DateApr. 12, 2020
Coupon (%)13.794
Yield at Issue (%)13.794
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