Nigeria government bonds · auction 22 May 2019 · NGN
Nigeria bond auction, 22 May 2019: 30-year at 14.49%
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
14.49%
Largest amount accepted at this auction
Change vs previous 30-year sale
−31 bp
14.80% on 24 Apr 2019
Accepted
NGN 111.3bn
Against NGN 100.0bn on offer
Bid cover
2.44×
Bids of NGN 271.1bn ÷ 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
- 14.110%
- Bid range
- 13.72–15.30%
- Previous
- 14.500% 2019-04-24
- Change, bp
- −39
- Offered, NGNm
- 35,000
- Bids, NGNm
- 45,980
- Accepted, NGNm
- 27,380
- Bid cover
- 1.68×
- Source
- notice
- 10-year14.55% FGN APR 2029matures 26 Apr 2029
- Sale
- reopening
- Coupon
- 14.550%
- Rate
- 14.240%
- Bid range
- 13.97–16.00%
- Previous
- 14.550% 2019-04-24
- Change, bp
- −31
- Offered, NGNm
- 35,000
- Bids, NGNm
- 124,220
- Accepted, NGNm
- 35,000
- Bid cover
- 3.55×
- Source
- notice
- 30-year14.80% FGN APR 2049matures 26 Apr 2049
- Sale
- reopening
- Coupon
- 14.800%
- Rate
- 14.490%
- Bid range
- 13.80–14.98%
- Previous
- 14.800% 2019-04-24
- Change, bp
- −31
- Offered, NGNm
- 30,000
- Bids, NGNm
- 100,910
- Accepted, NGNm
- 48,930
- Bid cover
- 2.06×
- 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% | 14.110% | 13.72–15.30% | 14.500% 2019-04-24 | −39 | 35,000 | 45,980 | 27,380 | 1.68× | notice |
| 10-year14.55% FGN APR 2029matures 26 Apr 2029 | reopening | 14.550% | 14.240% | 13.97–16.00% | 14.550% 2019-04-24 | −31 | 35,000 | 124,220 | 35,000 | 3.55× | notice |
| 30-year14.80% FGN APR 2049matures 26 Apr 2049 | reopening | 14.800% | 14.490% | 13.80–14.98% | 14.800% 2019-04-24 | −31 | 30,000 | 100,910 | 48,930 | 2.06× | 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, 22 May 2019, compiled from the Debt Management Office, Nigeria. Retrieved 5 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2019-05-22