Nigeria government bonds · auction 13 Feb 2013 · NGN
Nigeria bond auction, 13 Feb 2013: 7-year at 10.96%
4 bond lines from the Debt Management Office, Nigeria’s own result. Rates are the marginal (stop) rate, percent per annum; uniform-price auctions, so every successful bid pays it. Information, not advice.
Headline: 7-year bond 16.00% FGN JUN 2019
10.96%
Largest amount accepted at this auction
Change vs previous 7-year sale
—
No earlier sale of this tenor in the data
Accepted
NGN 105.0bn
Against NGN 105.0bn on offer
Bid cover
2.40×
Bids of NGN 251.9bn ÷ accepted
Results
Every line, 4 in all
Amounts in NGN millions. Change is in basis points (100 bp = 1 percentage point) from the previous sale of the same tenor, whenever it was. Bid cover is bids received divided by the amount accepted.
- 5-year15.10% FGN APR 2017matures 27 Apr 2017
- Sale
- reopening
- Coupon
- 15.100%
- Rate
- 10.678%
- Bid range
- 8.00–13.00%
- Previous
- —
- Change, bp
- first
- Offered, NGNm
- 35,000
- Bids, NGNm
- 63,260
- Accepted, NGNm
- 35,000
- Bid cover
- 1.81×
- Source
- notice
- 7-year16.00% FGN JUN 2019matures 29 Jun 2019
- Sale
- reopening
- Coupon
- 16.000%
- Rate
- 10.960%
- Bid range
- 10.00–16.00%
- Previous
- —
- Change, bp
- first
- Offered, NGNm
- 35,000
- Bids, NGNm
- 53,010
- Accepted, NGNm
- 35,000
- Bid cover
- 1.51×
- Source
- notice
- 10-year16.39% FGN JAN 2022matures 27 Jan 2022
- Sale
- reopening
- Coupon
- 16.390%
- Rate
- 10.800%
- Bid range
- 9.00–16.39%
- Previous
- —
- Change, bp
- first
- Offered, NGNm
- 20,000
- Bids, NGNm
- 57,110
- Accepted, NGNm
- 20,000
- Bid cover
- 2.86×
- Source
- notice
- 20-year10.00% FGN JUL 2030matures 23 Jul 2030
- Sale
- reopening
- Coupon
- 10.000%
- Rate
- 10.900%
- Bid range
- 9.00–14.25%
- Previous
- —
- Change, bp
- first
- Offered, NGNm
- 15,000
- Bids, NGNm
- 78,530
- Accepted, NGNm
- 15,000
- Bid cover
- 5.24×
- Source
- notice
| Bond | Sale | Coupon | Rate | Bid range | Previous | Change, bp | Offered, NGNm | Bids, NGNm | Accepted, NGNm | Bid cover | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5-year15.10% FGN APR 2017matures 27 Apr 2017 | reopening | 15.100% | 10.678% | 8.00–13.00% | — | first | 35,000 | 63,260 | 35,000 | 1.81× | notice |
| 7-year16.00% FGN JUN 2019matures 29 Jun 2019 | reopening | 16.000% | 10.960% | 10.00–16.00% | — | first | 35,000 | 53,010 | 35,000 | 1.51× | notice |
| 10-year16.39% FGN JAN 2022matures 27 Jan 2022 | reopening | 16.390% | 10.800% | 9.00–16.39% | — | first | 20,000 | 57,110 | 20,000 | 2.86× | notice |
| 20-year10.00% FGN JUL 2030matures 23 Jul 2030 | reopening | 10.000% | 10.900% | 9.00–14.25% | — | first | 15,000 | 78,530 | 15,000 | 5.24× | notice |
Source notice: dmo.gov.ng. Compiled by Afronomics, data updated 2026-10-19. Information, not advice.
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Afronomics (2026). Nigeria government bond auction, 13 Feb 2013, compiled from the Debt Management Office, Nigeria. Retrieved 5 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2013-02-13