Nigeria government bonds · auction 14 Jan 2015 · NGN
Nigeria bond auction, 14 Jan 2015: 20-year at 15.48%
3 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: 20-year bond 12.1493% FGN JUL 2034
15.48%
Largest amount accepted at this auction
Change vs previous 20-year sale
+278 bp
12.70% on 15 Oct 2014
Accepted
NGN 72.0bn
Against NGN 73.0bn on offer
Bid cover
1.80×
Bids of NGN 129.5bn ÷ accepted
Results
Every line, 3 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
- 15.200%
- Bid range
- 13.00–18.50%
- Previous
- 13.450% 2013-07-17
- Change, bp
- +175
- Offered, NGNm
- 24,000
- Bids, NGNm
- 56,650
- Accepted, NGNm
- 24,000
- Bid cover
- 2.36×
- Source
- notice
- 10-year14.20% FGN MAR 2024matures 14 Mar 2024
- Sale
- reopening
- Coupon
- 14.200%
- Rate
- 15.429%
- Bid range
- 12.00–17.50%
- Previous
- 12.790% 2014-10-15
- Change, bp
- +263.9
- Offered, NGNm
- 25,000
- Bids, NGNm
- 32,240
- Accepted, NGNm
- 20,000
- Bid cover
- 1.61×
- Source
- notice
- 20-year12.1493% FGN JUL 2034matures 18 Jul 2034
- Sale
- reopening
- Coupon
- 12.149%
- Rate
- 15.479%
- Bid range
- 14.80–17.00%
- Previous
- 12.699% 2014-10-15
- Change, bp
- +278
- Offered, NGNm
- 24,000
- Bids, NGNm
- 40,610
- Accepted, NGNm
- 28,000
- Bid cover
- 1.45×
- 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% | 15.200% | 13.00–18.50% | 13.450% 2013-07-17 | +175 | 24,000 | 56,650 | 24,000 | 2.36× | notice |
| 10-year14.20% FGN MAR 2024matures 14 Mar 2024 | reopening | 14.200% | 15.429% | 12.00–17.50% | 12.790% 2014-10-15 | +263.9 | 25,000 | 32,240 | 20,000 | 1.61× | notice |
| 20-year12.1493% FGN JUL 2034matures 18 Jul 2034 | reopening | 12.149% | 15.479% | 14.80–17.00% | 12.699% 2014-10-15 | +278 | 24,000 | 40,610 | 28,000 | 1.45× | notice |
Source notice: dmo.gov.ng. Compiled by Afronomics, data updated 2026-10-19. Information, not advice.
Data
Take the data with you
CSV
Every Nigeria bond auction we hold, one row per line. Latest 12 months free; full history with a key.
/api/data/bonds/nigeriaJSON API
This auction’s lines as JSON. Latest 12 months free; full history with a key.
/api/v1/bonds/nigeria?from=2015-01-14&to=2015-01-14For investment teams
A 30-day pilot: an API key with the full history of every market we cover, free.
Request a pilotCite or reuse this data
Free to quote, chart and republish with the credit “Source: Afronomics, compiled from the Debt Management Office, Nigeria” and a link to this page.
Afronomics (2026). Nigeria government bond auction, 14 Jan 2015, compiled from the Debt Management Office, Nigeria. Retrieved 5 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2015-01-14