According to the auction results obtained from its website on Thursday in Abuja, DMO said that three bonds in tenures of five, seven and 10 years were offered at the auction.
The result also said allotments were made to the successful bidders at 12.75 per cent for the five-year, 13.53 per cent for the seven-year and 13.58 per cent for the 10-year bond. It also said for the seven year paper, N40 billion was offered, N26.17 billion was subscribed for, but N5.55 billion was allotted.
Source: Loan Digest (loandigest.net)
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