Nigeria government bonds · auction 24 Jul 2019 · NGN
Nigeria bond auction, 24 Jul 2019: 30-year at 14.12%
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
14.12%
Largest amount accepted at this auction
Change vs previous 30-year sale
−56 bp
14.68% on 26 Jun 2019
Accepted
NGN 86.8bn
Against NGN 145.0bn on offer
Bid cover
3.47×
Bids of NGN 301.0bn ÷ 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
- 13.350%
- Bid range
- 12.70–14.70%
- Previous
- 14.300% 2019-06-26
- Change, bp
- −95
- Offered, NGNm
- 40,000
- Bids, NGNm
- 52,600
- Accepted, NGNm
- 28,190
- Bid cover
- 1.87×
- Source
- notice
- 10-year14.55% FGN APR 2029matures 26 Apr 2029
- Sale
- reopening
- Coupon
- 14.550%
- Rate
- 13.640%
- Bid range
- 12.90–14.95%
- Previous
- 14.500% 2019-06-26
- Change, bp
- −86
- Offered, NGNm
- 50,000
- Bids, NGNm
- 124,050
- Accepted, NGNm
- 7,230
- Bid cover
- 17.16×
- Source
- notice
- 30-year14.80% FGN APR 2049matures 26 Apr 2049
- Sale
- reopening
- Coupon
- 14.800%
- Rate
- 14.120%
- Bid range
- 13.75–15.78%
- Previous
- 14.680% 2019-06-26
- Change, bp
- −56
- Offered, NGNm
- 55,000
- Bids, NGNm
- 124,370
- Accepted, NGNm
- 51,400
- Bid cover
- 2.42×
- 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% | 13.350% | 12.70–14.70% | 14.300% 2019-06-26 | −95 | 40,000 | 52,600 | 28,190 | 1.87× | notice |
| 10-year14.55% FGN APR 2029matures 26 Apr 2029 | reopening | 14.550% | 13.640% | 12.90–14.95% | 14.500% 2019-06-26 | −86 | 50,000 | 124,050 | 7,230 | 17.16× | notice |
| 30-year14.80% FGN APR 2049matures 26 Apr 2049 | reopening | 14.800% | 14.120% | 13.75–15.78% | 14.680% 2019-06-26 | −56 | 55,000 | 124,370 | 51,400 | 2.42× | 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=2019-07-24&to=2019-07-24For 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, 24 Jul 2019, compiled from the Debt Management Office, Nigeria. Retrieved 5 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2019-07-24