9.35 31-aug-2017

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

S & P: B
ISINNGF201700404
Day Count ConventionActual/Actual
Issue Amount (₦’bn)100.00
Tenor (Years)10
Issue DateAug. 31, 2007
Maturity DateAug. 31, 2017
Coupon (%)9.35
Yield at Issue (%)9.35
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