Skip to content
FX

Nigeria government bonds · auction 17 Jun 2015 · NGN

Nigeria bond auction, 17 Jun 2015: 5-year at 14.43%

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: 5-year bond 15.54% FGN FEB 2020

14.43%

Largest amount accepted at this auction

Change vs previous 5-year sale

+58.4 bp

13.85% on 13 May 2015

Accepted

NGN 80.2bn

Against NGN 80.2bn on offer

Bid cover

1.63×

Bids of NGN 130.9bn ÷ 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-year15.54% FGN FEB 2020matures 13 Feb 2020
    Sale
    reopening
    Coupon
    15.540%
    Rate
    14.429%
    Bid range
    13.00–14.90%
    Change, bp
    +58.4
    Offered, NGNm
    40,000
    Bids, NGNm
    50,549
    Accepted, NGNm
    40,000
    Bid cover
    1.26×
    Source
    notice
  • 10-year14.20% FGN MAR 2024matures 14 Mar 2024
    Sale
    reopening
    Coupon
    14.200%
    Rate
    13.500%
    Bid range
    12.00–15.60%
    Change, bp
    +2
    Offered, NGNm
    15,220
    Bids, NGNm
    36,315
    Accepted, NGNm
    15,220
    Bid cover
    2.39×
    Source
    notice
  • 20-year12.1493% FGN JUL 2034matures 18 Jul 2034
    Sale
    reopening
    Coupon
    12.149%
    Rate
    14.249%
    Bid range
    13.49–15.90%
    Change, bp
    +36.9
    Offered, NGNm
    25,000
    Bids, NGNm
    44,007
    Accepted, NGNm
    25,000
    Bid cover
    1.76×
    Source
    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/nigeria

JSON API

This auction’s lines as JSON. Latest 12 months free; full history with a key.

/api/v1/bonds/nigeria?from=2015-06-17&to=2015-06-17

For investment teams

A 30-day pilot: an API key with the full history of every market we cover, free.

Request a pilot

Cite 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, 17 Jun 2015, compiled from the Debt Management Office, Nigeria. Retrieved 4 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2015-06-17