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  Coupon Rate for 5 year FGN Bond  
 
 
Coupon rate (%) v.s. Issue date
 
 
     
 
FGN Bond Coupon rate summary
 
Tenor(years) Average Marginal Rate (%)
2 10.42
3 11.30
5 12.03
7 12.49
10 11.63
 
 
 
 
 
FGN BOND COMPOSITION
 

5 Years Summary

 
FGN Bond Series
(Year)
Current Stock
(N' 000,000)
Current Stock
($' 000,000)
% of Total
 2003
72,565.69 627.89 4.83
 2005
178,273.72 1,542.56 11.87
 2006
543,835.79 4,705.68 36.21
 2007
428,690.14 3,709.35 28.54
 2008
278,540.00 2,410.14 18.55
   
 
 
 
FACTS
 
Sovereign Credit Rating (Standard & Poors) BB- (2006)
External Debt relative to GDP: 4% (June 2007) Source: DMO
Domestic Debt relative to GDP: 10% (June 2007) Source: DMO
FGN Bond Subscription as % of Allotment
(2003 till date):
176.39%
 
 
     
     
 
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