Ahead of FGN Bond Auction Scheduled for 19 July 2021

The Federal Government of Nigeria (FGN), through the Debt Management Office, will be conducting a primary market bond auction on Monday, 19 July 2021. The government is seeking to raise up to NGN150bn via three (3) instruments which are re-openings. Given our analysis of the current yield environment vis-à-vis our bond valuation models, we present below our advised bid rates;

Click the link below to find the full report attached

Ahead of FGN Bond Auction July 2021


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