FBNQuest Merchant Bank Limited ₦100.00bn Commercial Paper Programme

Programme Details
Issuer
FBNQuest Merchant Bank Limited
Size (₦' bn)
₦100.00bn
Programme Type
Commercial Paper
Currency
Naira
Face Value (₦)
1,000
No. of Series
28
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
FBNQuest Merchant Bank Limited
CardinalStone Partners Limited
Cordros Capital Limited
Unless otherwise stated in the applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied to support the Issuer’s short term funding requirements, as part of its working capital management strategy
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
FBNQuest Merchant Bank Limited
FBNQuest Merchant Bank Limited
Lead Sponsor
FBNQuest Merchant Bank Limited
Joint Sponsor(s)
CardinalStone Partners Limited
Cordros Capital Limited
Use of Proceeds
Unless otherwise stated in the applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied to support the Issuer’s short term funding requirements, as part of its working capital management strategy
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
FBNQuest Merchant Bank Limited
Issuing and Placing Agent(s) (IPA)
FBNQuest Merchant Bank Limited
Programme Document

FBNQuest Merchant Bank Limited - Final Programme Memorandum.
Issuer Rating (s)

GCR
Agusto&Co.
Series
Issue
27
Issue Amount (N'bn)
4.84
Tenor (Days)
268
Discount (%)
12.49
Issue Date
Jan. 31, 2024
Maturity Date
Oct. 25, 2024
Issue
28
Issue Amount (N'bn)
3.72
Tenor (Days)
183
Discount (%)
12.43
Issue Date
Feb. 5, 2024
Maturity Date
Aug. 6, 2024
Issue
25
Issue Amount (N'bn)
2.81
Tenor (Days)
181
Discount (%)
11.68
Issue Date
Jun. 13, 2023
Maturity Date
Dec. 11, 2023
Issue
26
Issue Amount (N'bn)
2.47
Tenor (Days)
267
Discount (%)
12.90
Issue Date
Jun. 13, 2023
Maturity Date
Mar. 6, 2024

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