Two and a half years on, the same kind of bond sells about six points cheaper

Weighted average rate accepted, % a year, tax-free

IFB1/2023/6.5, Nov 202317.93%IFB1/2024/8.5, Feb 202418.46%IFB1/2023/6.5 reopened, Aug 202418.3%IFB1/2023/17 reopened, Feb 202514.28%IFB1/2018/15 reopened, Aug 202512.99%IFB1/2021/21 reopened, Aug 202613.05%IFB1/2019/16 reopened, Aug 202612.2%
Two and a half years on, the same kind of bond sells about six points cheaper
ItemWeighted average rate accepted, % a year, tax-free
IFB1/2023/6.5, Nov 202317.93%
IFB1/2024/8.5, Feb 202418.46%
IFB1/2023/6.5 reopened, Aug 202418.3%
IFB1/2023/17 reopened, Feb 202514.28%
IFB1/2018/15 reopened, Aug 202512.99%
IFB1/2021/21 reopened, Aug 202613.05%
IFB1/2019/16 reopened, Aug 202612.2%
Source: Afronomics bond auction file, CBK Treasury bond results, 19 Oct 2026. Information, not advice.Afronomics Receipt ↗