Nigeria government bonds · auction 24 Apr 2019 · NGN
Nigeria bond auction, 24 Apr 2019: 30-year at 14.80%
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: 30-year bond 14.80% FGN APR 2049
14.80%
Largest amount accepted at this auction
Change vs previous 30-year sale
—
No earlier sale of this tenor in the data
Accepted
NGN 97.4bn
Against NGN 100.0bn on offer
Bid cover
1.53×
Bids of NGN 149.3bn ÷ 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-year12.75% FGN APR 2023matures 27 Apr 2023
- Sale
- reopening
- Coupon
- 12.750%
- Rate
- 14.500%
- Bid range
- 14.20–16.30%
- Previous
- 13.500% 2019-03-27
- Change, bp
- +100
- Offered, NGNm
- 40,000
- Bids, NGNm
- 16,610
- Accepted, NGNm
- 6,810
- Bid cover
- 2.44×
- Source
- notice
- 10-year14.55% FGN APR 2029matures 26 Apr 2029
- Sale
- new
- Coupon
- 14.550%
- Rate
- 14.550%
- Bid range
- 14.01–16.00%
- Previous
- 13.500% 2019-03-27
- Change, bp
- +105
- Offered, NGNm
- 40,000
- Bids, NGNm
- 52,280
- Accepted, NGNm
- 37,430
- Bid cover
- 1.40×
- Source
- notice
- 30-year14.80% FGN APR 2049matures 26 Apr 2049
- Sale
- new
- Coupon
- 14.800%
- Rate
- 14.800%
- Bid range
- 13.01–17.50%
- Previous
- —
- Change, bp
- first
- Offered, NGNm
- 20,000
- Bids, NGNm
- 80,410
- Accepted, NGNm
- 53,160
- Bid cover
- 1.51×
- Source
- notice
| Bond | Sale | Coupon | Rate | Bid range | Previous | Change, bp | Offered, NGNm | Bids, NGNm | Accepted, NGNm | Bid cover | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5-year12.75% FGN APR 2023matures 27 Apr 2023 | reopening | 12.750% | 14.500% | 14.20–16.30% | 13.500% 2019-03-27 | +100 | 40,000 | 16,610 | 6,810 | 2.44× | notice |
| 10-year14.55% FGN APR 2029matures 26 Apr 2029 | new | 14.550% | 14.550% | 14.01–16.00% | 13.500% 2019-03-27 | +105 | 40,000 | 52,280 | 37,430 | 1.40× | notice |
| 30-year14.80% FGN APR 2049matures 26 Apr 2049 | new | 14.800% | 14.800% | 13.01–17.50% | — | first | 20,000 | 80,410 | 53,160 | 1.51× | 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, 24 Apr 2019, compiled from the Debt Management Office, Nigeria. Retrieved 5 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2019-04-24