Nigeria government bonds · auction 11 Nov 2015 · NGN
Nigeria bond auction, 11 Nov 2015: 5-year at 10.25%
2 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
10.25%
Largest amount accepted at this auction
Change vs previous 5-year sale
−286.2 bp
13.11% on 14 Oct 2015
Accepted
NGN 50.0bn
Against NGN 50.0bn on offer
Bid cover
3.10×
Bids of NGN 155.0bn ÷ accepted
Results
Every line, 2 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
- 10.249%
- Bid range
- 7.00–15.54%
- Previous
- 13.111% 2015-10-14
- Change, bp
- −286.2
- Offered, NGNm
- 30,000
- Bids, NGNm
- 71,050
- Accepted, NGNm
- 30,000
- Bid cover
- 2.37×
- Source
- notice
- 10-year14.20% FGN MAR 2024matures 14 Mar 2024
- Sale
- reopening
- Coupon
- 14.200%
- Rate
- 10.010%
- Bid range
- 6.00–14.50%
- Previous
- 13.870% 2015-10-14
- Change, bp
- −386
- Offered, NGNm
- 20,000
- Bids, NGNm
- 83,900
- Accepted, NGNm
- 20,000
- Bid cover
- 4.20×
- Source
- notice
| Bond | Sale | Coupon | Rate | Bid range | Previous | Change, bp | Offered, NGNm | Bids, NGNm | Accepted, NGNm | Bid cover | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5-year15.54% FGN FEB 2020matures 13 Feb 2020 | reopening | 15.540% | 10.249% | 7.00–15.54% | 13.111% 2015-10-14 | −286.2 | 30,000 | 71,050 | 30,000 | 2.37× | notice |
| 10-year14.20% FGN MAR 2024matures 14 Mar 2024 | reopening | 14.200% | 10.010% | 6.00–14.50% | 13.870% 2015-10-14 | −386 | 20,000 | 83,900 | 20,000 | 4.20× | 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=2015-11-11&to=2015-11-11For 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, 11 Nov 2015, compiled from the Debt Management Office, Nigeria. Retrieved 5 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2015-11-11