• Advertise
  • Opinion
  • Features & Interviews
  • Investigation
  • Contact
Saturday, May 21, 2022
  • Login
No Result
View All Result
NEWSLETTER
The Lagos Today
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Rattle Snake, Amina, Others Win Big At AMVCA8

    Rattle Snake, Amina, Others Win Big At AMVCA8

    Veteran Nigerian Actor, Gbenga Richards Is Dead

    Veteran Nigerian Actor, Gbenga Richards Is Dead

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

    Bookstores in Lagos

    Love Reading? See The Best Bookstores In Lagos

    Event Centre

    Event Centres in Lagos

    Lounges and bars in Lagos? Here are five exciting spots to try out

    Lounges and bars in Lagos? Here are five exciting spots to try out

  • Things To Do
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Rattle Snake, Amina, Others Win Big At AMVCA8

    Rattle Snake, Amina, Others Win Big At AMVCA8

    Veteran Nigerian Actor, Gbenga Richards Is Dead

    Veteran Nigerian Actor, Gbenga Richards Is Dead

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

    Bookstores in Lagos

    Love Reading? See The Best Bookstores In Lagos

    Event Centre

    Event Centres in Lagos

    Lounges and bars in Lagos? Here are five exciting spots to try out

    Lounges and bars in Lagos? Here are five exciting spots to try out

  • Things To Do
No Result
View All Result
The Lagos Today
No Result
View All Result
Home Business

Investors Pump N3.36trn To FG Bonds

by Chinonso Ihekire
February 7, 2022
in Business, Headlines
3 min read
0
0
Investors Pump N3.36trn To FG Bonds
Share on FacebookShare on Twitter

Investors committed about N3.36tn to Federal Government bonds between January and December 2021, according to an analysis of the FGN Bond Auction results available on the website of the Debt Management Office.

Bond oversubscription hit N1.61tn within the period under review, indicating the investors’ strong appetite for FGN bonds.

An analysis of the breakdown for each month showed that Federal Government bonds for January worth N150bn were oversubscribed by N88.28bn. The total subscription received from investors for the bonds was N238.28bn, comprising N91.84bn for the 16.2884 per cent FGN March 2027 bonds; N106.37bn for the 12.5 per cent FGN March 2035 bonds; and N40.07bn for the 9.8 per cent FGN July 2045 bonds. The auction result added that out of the 125, 99 and 77 total bids for the tenures, 73, 44 and 28 bids were successful.

The Federal Government bonds for February worth N150bn were also oversubscribed by N39.51bn. The total subscription received from investors for the bonds was N189.51bn, comprising N77.05bn for the  16.2884 per cent FGN March 2027 bonds; N72.33bn for the 12.5 per cent FGN March 2035 bonds; and N40.13bn for the 9.8 per cent GFN July 2045 bonds. The auction result added that out of the 78, 53 and 60 total bids for the tenures, 31, 20 and 30 bids were successful.

The Federal Government bonds for March worth N150bn were equally oversubscribed by N183.48bn. The total subscription received from investors for the bonds was N333.48bn comprising N65.25bn for the 16.2884 per cent FGN March 2027 bonds; N110.19bn for the 12.5 per cent FGN March 2035 bonds; and N158.04bn for the 9.8 per cent FGN July 2045 bonds. The auction result added that out of 82, 125 and 215 total bids submitted for the tenures, 48, 88 and 176 were successful.

The Federal Government bonds for April worth N150 were oversubscribed by N115.66bn. The total subscription received from the investors for the bonds was N265.66bn, with the shortest tenor undersubscribed.

The Federal Governments bonds for May worth N150 were oversubscribed by N131.97bn. The total subscription received from the investors for the bonds was N281.97bn.

The Federal Government’s bonds for June worth N150 were oversubscribed by N267.48bn. The total subscription received from the investors for the bonds was N417.48bn.

The Federal Government bonds worth N150bn for July were oversubscribed by N136.11bn.

The Federal Government bonds worth N150bn for August were oversubscribed by N210.02bn.

The Federal Government bonds worth N150bn for September were oversubscribed by N184.32bn.

The Federal Government bonds worth N150bn for October were oversubscribed by N100.71bn.

The Federal Government bonds worth N150bn for November were oversubscribed by N117.15bn.

Only two bonds were offered to investors in December, unlike previous months. The Federal Government bonds worth N100bn for December were oversubscribed by N32.61bn.

Follow us on social media
  • Facebook
  • Twitter
  • Instagram

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
Tags: BondsFederal Government of NigeriaFederal government of Nigeria bondsInvestors
Previous Post

Covid-19: Lagos records 23 new cases, zero fatality

Next Post

External Reserves Droop To $39.98bn

Chinonso Ihekire

Chinonso Ihekire

Related Posts

Driver Delivers Guns To Man Expecting Mother’s Foodstuffs In Lagos

Driver Delivers Guns To Man Expecting Mother’s Foodstuffs In Lagos

by Idonosan Debe
May 21, 2022
0

A yet-to-be-identified driver has delivered guns to a man, Aji Augustine, who was expecting to take delivery of foodstuffs sent...

Danish Businessman, Peter Nielsen To Die By Hanging For Killing Nigerian Wife, Daughter

Danish Businessman, Peter Nielsen To Die By Hanging For Killing Nigerian Wife, Daughter

by Rosemary Opara
May 20, 2022
0

A Lagos high court sitting at the Tafawa Balewa Square has convicted Peter Nielsen, a Danish national, for killing his...

Next Post
Nigeria’s External Reserve Drops By $26m

External Reserves Droop To $39.98bn

Please login to join discussion

Recommended

Perseverance rover has successfully landed on Mars and sent back its first images

Perseverance rover has successfully landed on Mars and sent back its first images

1 year ago
Court Adjourns Suit Challenging NIN-SIM Linkage, Registration in Lagos

Court Jails Three for N65m Fraud in Lagos

11 months ago

Popular News

    Newsletter

    Connect with us

    Tags

    #EndSARS #EndSARS Protests 2023 Elections 2023 polls 2023 Presidency ACCIDENT APC Babajide Sanwo-Olu Bitcoin CBN Central Bank of NIgeria China Coronavirus pandemic Covid-19 Covid-19 in Lagos Covid-19 in Nigeria Covid-19 Vaccine Covid-19 Worldwide Cryptocurrency Donald Trump Dubai EFCC Federal Government Federal Government of Nigeria Fraud Gov. Sanwo-Olu Insecurity Lagos state Lagos State Government Lagos State Police command LASEMA Latest jobs in lagos Lekki Lekki Tollgate Shooting Muhammadu Buhari Murder NDLEA Nigeria Rape Russia SARS Strike action UK United states US

    News

    • Business
    • National
    • Politics
    • Tech

    Opinion

    • Editorials
    • Today’s Opinion
    • Letters
    • Sunday Review
    • Advertise
    • Opinion
    • Features & Interviews
    • Investigation
    • Contact

    © 2020 The Lagos Today - Nkali.

    No Result
    View All Result
    • Home
    • News
      • Lagos News
      • National News
      • World News
    • Entertainment
    • Opinion
    • Business
    • Features & Interviews
    • Best Of Lagos
    • Things To Do

    © 2020 The Lagos Today - Nkali.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    %d bloggers like this: