15.10 27-apr-2017

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)480.13
Tenor (Years)5
Issue DateApr. 27, 2012
Maturity DateApr. 27, 2017
Coupon (%)15.10
Yield at Issue (%)15.10
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