12.244 FGNSB 16-OCT-2022

12.244 FGNSB 16-OCT-2022

IssuerFederal Government of Nigeria (FGN)
CurrencyNigerian Naira
Face Value (₦)1,000.00
Issuer RatingN/A
ISINN/A
Day Count ConventionActual/Actual
Issue Amount (₦’bn)0.402
Tenor (Years)3
Issue DateOct. 16, 2019
Maturity DateOct. 16, 2022
Coupon (%)12.244
Yield at Issue (%)12.244
Issue Price (₦)At par
Coupon FrequencyQuarterly
Use of ProceedsN/A
RedemptionBullet Payment at Maturity
Issuer’s AgentDebt Management Office (DMO)
Tax ConsiderationExempted from Nigerian tax