Card Image 1

Emma Johnson

Age 19, Hookup

Card Image 2

Sophia Martinez

Age 22, Single

Card Image 3

Isabella Davis

Age 21, Single

Card Image 4

Mia Garcia

Age 19, Searching

Card Image 5

Olivia Rodriguez

Age 21, Available

Card Image 6

Ava Hernandez

23, Single

Card Image 7

Emily Lopez

Single & Searching

Card Image 8

Charlotte Gonzalez

18, Single

Card Image 9

Amelia Wilson

21, Boys & Girls

Card Image 10

Harper Anderson

Accept any gender

Card Image 1

Emma Johnson

Age 19, Hookup

Card Image 2

Sophia Martinez

Age 22, Single

Card Image 3

Isabella Davis

Age 21, Single

Card Image 4

Mia Garcia

Age 19, Searching

Card Image 5

Olivia Rodriguez

Age 21, Available

Card Image 6

Ava Hernandez

23, Single

Card Image 7

Emily Lopez

Single & Searching

Card Image 8

Charlotte Gonzalez

18, Single

Card Image 9

Amelia Wilson

21, Boys & Girls

Card Image 10

Harper Anderson

Accept any gender

Nigeria raises N380.76bn in bond auction with lowest subscriptions in 2024

Nigeria raises N380.76bn in bond auction with lowest subscriptions in 2024

The Nigerian government raised N380.76 billion in bond auctions, with the lowest subscriptions this year.

This is according to May’s bond auction, conducted on Monday.

The amount represents a 39 per cent decline compared to the April FGN bond auction proceeds.

The aggregate subscription across all tenors reached N551.316 billion, lower than the N920.08 billion recorded the previous month.

The Debt Management Office also reported a non-competitive allotment of N301.30 billion.

The new nine-year bond took centre stage, attracting N373.875 billion in subscriptions.

N285.124 billion was allotted of the subscription amount, including N179.00 billion under non-competitive bids.

The bids ranged from 16.95 per cent to 22.00 per cent, eventually settling at a marginal rate of 19.89 per cent.

The seven-year bond received N76.875 billion in bids, with N62.975 billion allotted. Non-competitive allotments accounted for N85.80bn. Bids ranged from 17.20 to 20.80 per cent, resulting in a final marginal rate of 19.74 per cent.

The five-year bond attracted bids totalling N100.56 billion, with an allotment of N32.67 billion. An additional N36.500 billion was allocated through non-competitive bids.

Leave a Reply

Your email address will not be published. Required fields are marked *