Lagos State Government Bond

IssuerLagos State Government of Nigeria
RegionSouth-West Nigeria
Programme₦167.50bn Debt Issuance Programme
Face Value (₦)1,000.00
CurrencyNigerian Naira
Issuer RatingA+/Agusto; A+/GCR
Lead Issuing House/Book RunnerChapel Hill Advisory Partners Limited
Issuing House(s)/Book Runner(s)Afrinvest (West Africa) Limited, Radix Capital Partners Limited, FBN Capital Limited, FCMB Capital Markets Limited, Marina Securities Limited, Skye Financial Services Limited, Stanbic IBTC Capital Limited, Vetiva Capital Management Limited and Zenith Capital Limited
Bond SpecialistN/A
Day Count ConventionActual/Actual
Debt StatusSenior Unsecured Bonds
Programme DocumentShelf Prospectus

IssueIssue Amount (₦’bn)Tenor (Year)Issue DateMaturity DateCoupon (%)
Series 180.007Nov. 22, 2012Nov. 22, 201914.50
Series 287.507Nov. 27, 2013Nov. 27, 202013.50

N/A: Not available