Citibank Nigeria Limited ₦300.00bn Commercial Paper Issuance Programme

Programme Details
Issuer
Citibank Nigeria Limited
Size (₦' bn)
₦300.00bn
Programme Type
Commercial Paper
Currency
Naira
Face Value (₦)
1,000
No. of Series
4
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
Stanbic IBTC Capital Limited
N/A
The net proceeds from each issue of Notes under the Programme will be used to fund the asset side of Citibank’s balance sheet with specific focus on extending credit facilities to our corporate clients thereby supporting the real sector of the economy or as may otherwise be described in the Applicable Pricing Supplement.
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
Stanbic IBTC Capital Limited
Citibank Nigeria Limited
N/A
Lead Sponsor
Stanbic IBTC Capital Limited
Joint Sponsor(s)
N/A
Use of Proceeds
The net proceeds from each issue of Notes under the Programme will be used to fund the asset side of Citibank’s balance sheet with specific focus on extending credit facilities to our corporate clients thereby supporting the real sector of the economy or as may otherwise be described in the Applicable Pricing Supplement.
Issuing and Placing Agent(s) (IPA)
Stanbic IBTC Capital Limited
Collecting and Paying Agent (s) (CPA)
Citibank Nigeria Limited
Issuing and Placing Agent(s) (IPA)
N/A
Programme Document

Issuer Rating (s)

TitleSizeDownload
Citibank Nigeria Rating 407.96 KB DownloadPreview

A+/Agusto & Co. A-/GCR
Series
Issue
4
Issue Amount (N'bn)
24.50
Tenor (Days)
90
Discount (%)
19.97
Issue Date
Apr. 30, 2025
Maturity Date
Jul. 29, 2025
Issue
3
Issue Amount (N'bn)
46.73
Tenor (Days)
265
Discount (%)
21.16
Issue Date
Apr. 17, 2025
Maturity Date
Jan. 7, 2026
Issue
2
Issue Amount (N'bn)
1.04
Tenor (Days)
175
Discount (%)
19.08
Issue Date
Apr. 17, 2025
Maturity Date
Oct. 9, 2025
Issue
1
Issue Amount (N'bn)
2.23
Tenor (Days)
74
Discount (%)
18.30
Issue Date
Apr. 17, 2025
Maturity Date
Jun. 30, 2025

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