{"id":805670,"date":"2022-12-22T15:10:05","date_gmt":"2022-12-22T15:10:05","guid":{"rendered":"https:\/\/fmdqgroup.com\/exchange\/rand-merchant-bank-nigeria-limited-quotes-%e2%82%a62-36-billion-commercial-papers-on-fmdq-exchange\/"},"modified":"2022-12-22T15:10:05","modified_gmt":"2022-12-22T15:10:05","slug":"rand-merchant-bank-nigeria-limited-quotes-%e2%82%a62-36-billion-commercial-papers-on-fmdq-exchange","status":"publish","type":"post","link":"https:\/\/fmdqgroup.com\/exchange\/rand-merchant-bank-nigeria-limited-quotes-%e2%82%a62-36-billion-commercial-papers-on-fmdq-exchange\/","title":{"rendered":"Rand Merchant Bank Nigeria Limited Quotes \u20a62.36 Billion Commercial Papers on FMDQ Exchange"},"content":{"rendered":"
\"\"<\/p>\n

To guarantee sustained business operations in the current challenging economic environment, corporate institutions have continued to explore alternative financing options by tapping the debt capital market to plug capital shortfalls. With a Commercial Paper (CP) market value of \u20a63.25 trillion as of November 30, 2022, FMDQ Securities Exchange Limited (\u201cFMDQ Exchange<\/strong>\u201d or the \u201cExchange<\/strong>\u201d) is pleased to announce the admission of the quotation of the Rand Merchant Bank Nigeria Limited \u20a60.55 billion Series 3 and<\/strong><\/p>\n

\u20a61.81 billion Series 4 CPs under its \u20a680.00 billion CP Programme <\/strong>on its platform.<\/p>\n

Rand Merchant Bank Nigeria Limited (\u201cRand Merchant Bank\u201d or the \u201cIssuer\u201d) is a corporate and investment banking firm, which provides innovative advisory services on infrastructure projects, mergers and acquisitions, as well as the funding of various transactions across multiple sectors. The proceeds from the quotation of the quoted CPs, which are co-sponsored by Standard Chartered Capital & Advisory Nigeria Limited \u2013 Lead Sponsor<\/em>; FCMB Capital Markets Limited, FSDH Capital Limited, Rand Merchant Bank, and Stanbic IBTC Capital Limited (Co-Sponsors) <\/em>\u2013 all Registration Member (Quotations) of the Exchange, will be utilised by the Issuer to support its short-term working capital and funding requirements.<\/p>\n

As part of its efforts towards unlocking the potential of the Nigerian economy, FMDQ Exchange shall continue to support institutional growth and stimulate continuous development of the economy at large, through the provision of a world-class Securities Admission Service, in line with its mandate. The Exchange will continue to demonstrate commitment towards delivering a globally competitive, operationally excellent, liquid and diverse (\u201cGOLD\u201d) standard to the Nigerian debt capital market, availing issuers and investors the much-needed global visibility, confidence and protection in the markets.<\/p>\n

FMDQ Group is Africa\u2019s first vertically integrated financial market infrastructure (FMI) group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing & central counterparty, settlement, and risk management for financial market transactions; depository of securities, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets, through its wholly owned subsidiaries \u2013 FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited. As a sustainability-focused FMI group, FMDQ Group, through FMDQ Exchange, operates Africa\u2019s premier Green Exchange \u2013 FMDQ Green Exchange \u2013 positioned to lead the transition towards a sustainable future.<\/p>\n

The post Rand Merchant Bank Nigeria Limited Quotes \u20a62.36 Billion Commercial Papers on FMDQ Exchange<\/a> appeared first on FMDQ Group<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\"\"<\/p>\n

To guarantee sustained business operations in the current challenging economic environment, corporate institutions have continued to explore alternative financing options by tapping the debt capital market to plug capital shortfalls. \u2026<\/p>\n

Rand Merchant Bank Nigeria Limited Quotes \u20a62.36 Billion Commercial Papers on FMDQ Exchange<\/span> Read More \u00bb<\/a><\/p>\n

The post Rand Merchant Bank Nigeria Limited Quotes \u20a62.36 Billion Commercial Papers on FMDQ Exchange<\/a> appeared first on FMDQ Group<\/a>.<\/p>\n<\/div>\n","protected":false},"author":5,"featured_media":805671,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/fmdqgroup.com\/wp-content\/uploads\/2022\/12\/Rand-Merchant-Bank-Nigeria-Limited-Quotes-Commercial-Papers-1024x1024.jpg","fifu_image_alt":"Rand Merchant Bank Nigeria Limited Quotes \u20a62.36 Billion Commercial Papers on FMDQ Exchange","footnotes":""},"categories":[1],"tags":[],"class_list":["post-805670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/805670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/comments?post=805670"}],"version-history":[{"count":0,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/805670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/media\/805671"}],"wp:attachment":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/media?parent=805670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/categories?post=805670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/tags?post=805670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}