Nigeria government bonds · auction 25 Sep 2019 · NGN
Nigeria bond auction, 25 Sep 2019: 10-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: 10-year bond 14.55% FGN APR 2029
14.43%
Largest amount accepted at this auction
Change vs previous 10-year sale
+4 bp
14.39% on 21 Aug 2019
Accepted
NGN 100.0bn
Against NGN 150.0bn on offer
Bid cover
1.61×
Bids of NGN 160.9bn ÷ 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-year12.75% FGN APR 2023matures 27 Apr 2023
- Sale
- reopening
- Coupon
- 12.750%
- Rate
- 14.390%
- Bid range
- 13.99–14.65%
- Previous
- 14.290% 2019-08-21
- Change, bp
- +10
- Offered, NGNm
- 45,000
- Bids, NGNm
- 14,330
- Accepted, NGNm
- 6,830
- Bid cover
- 2.10×
- Source
- notice
- 10-year14.55% FGN APR 2029matures 26 Apr 2029
- Sale
- reopening
- Coupon
- 14.550%
- Rate
- 14.430%
- Bid range
- 13.99–15.00%
- Previous
- 14.390% 2019-08-21
- Change, bp
- +4
- Offered, NGNm
- 50,000
- Bids, NGNm
- 82,910
- Accepted, NGNm
- 56,160
- Bid cover
- 1.48×
- Source
- notice
- 30-year14.80% FGN APR 2049matures 26 Apr 2049
- Sale
- reopening
- Coupon
- 14.800%
- Rate
- 14.640%
- Bid range
- 13.00–15.10%
- Previous
- 14.590% 2019-08-21
- Change, bp
- +5
- Offered, NGNm
- 55,000
- Bids, NGNm
- 63,660
- Accepted, NGNm
- 37,020
- Bid cover
- 1.72×
- 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% | 14.390% | 13.99–14.65% | 14.290% 2019-08-21 | +10 | 45,000 | 14,330 | 6,830 | 2.10× | notice |
| 10-year14.55% FGN APR 2029matures 26 Apr 2029 | reopening | 14.550% | 14.430% | 13.99–15.00% | 14.390% 2019-08-21 | +4 | 50,000 | 82,910 | 56,160 | 1.48× | notice |
| 30-year14.80% FGN APR 2049matures 26 Apr 2049 | reopening | 14.800% | 14.640% | 13.00–15.10% | 14.590% 2019-08-21 | +5 | 55,000 | 63,660 | 37,020 | 1.72× | 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=2019-09-25&to=2019-09-25For 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, 25 Sep 2019, compiled from the Debt Management Office, Nigeria. Retrieved 5 November 2026, from https://www.afronomicsfeed.com/markets/bonds/nigeria/2019-09-25